Stability Programme: Real GDP growth at 3.6% in 2021, debt projected at 111.9% of GDP

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Real GDP growth is forecast at 3.6% in 2021, 3.8% in 2022, 3.2% in 2023 and 2.8% in 2024, according to the baseline scenario projected in the Stability Programme 2021-2024, presented by the Ministry of Finance.The forecast is that the budget balance of the General Government will remain in deficit during 2021 of about 4.7% of GDP and will improve from 2022 onwards reaching a surplus of about 1.6% of GDP by the end of the programming period, allowing debt-to-GDP …

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