Travel balance falls by 85.1 pct in July
Current account shows deficit of 874.5 mln in July as travel receipts disappoint
Industrial turnover drops by 16.2 pct in July as manufacturing slows
Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
Primary cash deficit at 5.78 bln in August
Budget primary shows deficit of 6.61 bln in August
IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
A day after the publication of its World Economic Outlook (WEO), the IMF released on Wednesday its Fiscal Monitor, which provided its updated fiscal estimates.
Unlike the downward revision of its macro forecasts on Greece, the IMF upgraded its fiscal projections, which assume full implementation of the fiscal policy package included in the third eurozone bailout programme.
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