Government to submit draft of 2017 budget in Parliament on Monday

The draft of the budget for 2017 is expected to be submitted in Parliament on Monday…

The draft of the budget for 2017 is expected to be submitted in Parliament on Monday, which reportedly includes a 2% GDP primary surplus. This 2% prediction for the primary surplus is above the target of 1.75% of the GDP that had previously been set.

According to sources from the Ministry of Finance, the draft includes a provision for 760 million euros worth of funding for the Social Solidarity Income that aims to support about 267,000 households facing financial problems. Furthermore, the draft budget includes a prediction of a 2.7% growth rate in 2017.

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