Gov’t mid-term fiscal strategy foresees 4% GDP growth between 2021-25

The Medium-Term Fiscal Strategy tabled by the Greek government in Parliament on Wednesday evening foresees a GDP growth rate of 4 percent for the 2021-2025 period, along with a cumulative increase in investments and exports by 88.4 percent and 43.1 percent, respectively.

A return to primary budget surpluses, a post-bailout commitment, is forecast for 2023.

The expected fiscal “leeway” over the next few years also offers an opportunity for the government to further reduce taxes and social security contributions for individual taxpayers and business, the strategy states.

Additionally, the government’s economic team forecasts an end to the enhanced supervision status in 2022.