IMF revises upwards forecast for Greek economic growth in 2023, 2024

On Tuesday, the International Monetary Fund (IMF) revised its forecast for the Greek economy this year, increasing it to 2.6% from its autumn forecast of 1.8% in October 2022. The IMF’s spring World Economic Outlook report also projected that the Greek economy will grow by 1.5% in 2024 from 1.4%. This revised growth forecast is expected to continue falling unemployment to 11.2% this year and to 10.4% in 2024, down from 12.2% in 2022.

Source: The National Herald