IMF still sees fiscal gap in 2018 - no action needed, for now

EconomyProgramme Tags: Budget, GDP, IMF, Revenues
Photo via Flickr https://flic.kr/p/7BWNey
Photo via Flickr https://flic.kr/p/7BWNey

During the regular cycle ahead of its Autumn meetings in Washington, the International Monetary Fund released the World Economic Outlook (WEO) and Fiscal Monitor (FM) which also include the Fund’s latest macro and fiscal estimates for Greece.

On the macro side, the IMF sees the Greek economy growing by 1.8 percent this year and 2.6 percent in 2018. Growth drops to more subdued levels in the next decade, when the Greek growth estimate eases to 1 percent in 2022.

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