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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
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Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
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Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market
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Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates
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![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-small.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
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Government tones down fiscal pledges as tighter framework starts to bite
General gov't primary surplus shrinks to 419 mln in January
The Greek general government (gg) primary cash balance showed the surplus shrinking to 419 million euros in January 2015, much lower than the 1.88 billion euros posted in January 2014, according the gg bulletin published by the Ministry of Finance (MoF).
The fiscal deterioration in state budget and extrabudgetary funds was mainly due to a drop in revenues. Local governments posted a rise in revenues by 24 percent, yet the increase in expenditure was much higher at 56 percent.
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