In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling

EconomyMacroeconomy Tags: Debt, IMF
Photo via Flickr https://flic.kr/p/7BWNey
Photo via Flickr https://flic.kr/p/7BWNey

Following the publication of the World Economic Outlook (WEO) as part of the IMF-World Bank Annual Meetings that are taking place this week in Bali, Indonesia the International Monetary Fund released the latest Fiscal Monitor (FM) with updated fiscal projections for Greece.

For this year, the Fund sees the overall budget balance in a surplus of 0.5 percent of GDP, which extends the streak of Greece achieving overall balances to three years, after a total surplus of 0.7 percent in 2016 and 1.1 percent in 2017. It also under...

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