The Ministry of National Economy and Finance reported that in 2023 the national economy recorded high performance
“In 2023, the national economy recorded high performance, etcit presented a dynamic growth in which public investments made a decisive contribution”, he says characteristically in his related announcement the Ministry of National Economy and Finance and notes that “in 2023 the Public Investment Program (PIP) was implemented in its entirety (100 percent), boosting the real economy with total resources of 11.2 billion euros, increased by 176 million euros compared to 2022” .
Particularly:
• In the national section, resources of 1.72 billion euros were disbursed (100.22% rate).
• In the co-financed part, payments amounted to 7.4 billion euros (100.11% rate).
• In the Recovery and Resilience Fund, final payments reached €2.1 billion (100.84% ​​rate). At the same time, the 3rd tranche of European resources of 3.6 billion euros was disbursed from the Recovery and Resilience Fund to our country for grants and loans, which is directly linked to the achievement of the milestones of the critical projects and reforms implemented.
It is also worth noting that the initial budget of the PDE 2023 increased by 800 million eurosthrough additional budgets, in order to cover the increased needs in the restoration of natural disasters (450 million euros) and in the execution of the co-financed projects of the NSRF (350 million euros).
Payment requests to the European Commission for the NSRF and Other Programs amounted to 4.074 billion euros, covering the annual target (4.008 billion euros) and significantly boosting public revenues.
A determining factor for the effective execution of the PDE was the execution of the Operational Programs of the NSRF during the last year of implementation of the programming period 2014-2020. The Programs were implemented in their entirety (23.4 billion euros in terms of Public Expenditure) using every available resource to finance public infrastructure projects, investment business plans and actions for human resources and social cohesion. It is noted that the initial budget of the NSRF 2014-2020 was increased by 2 billion euros through the REACT-EU program to deal with the economic effects of the pandemic.
The final absorption tables per Scheme will be available in the coming months when the planned submission processes for the remaining payment requests are completed.
The Deputy Minister of National Economy and Finance, Nikos Papathanasis, said in this regard: “In 2023, the Greek economy recorded significant performances, while the absorption of national and community resources led to the successful execution of the Public Investment Program. In 2024, with the effective utilization of European resources through the NSRF 2021-2027 and the Recovery Fund, the economy is expected to rise even more. We continue strongly, for a sustainable and resilient economy that supports investment and creates new jobs.”
The general secretary of Public Investments and NSRF, Dimitris Skalkos stated: “2023 was a milestone year for the NSRF Programs as the 2014-2020 programming period was completed with the utilization of all the available community resources that they financed, on time and with transparent and efficient way, projects and actions of high added value. The Greek economy is now moving forward with steady steps, having the necessary impetus from numerous and important national and community public investments”.
The administrator of the Recovery Fund. Orestis Kavalakis said: “2023 closed with payments of the Recovery Fund through PDE of more than 2 billion euros, fulfilling the goal that had been set. The projects and actions of the Recovery Fund are contracted, progressed and implemented, constantly increasing the absorption of these valuable European resources”.
The special secretary of ERDF-TS Program Management, Giorgos Zervos, said: “The achievement of all the goals set for the NSRF payments, both for the closing of the 2014-2020 period and for the 2021-2027 Programs, demonstrates the even planning of the competent Services of the Ministry, for the benefit of the national economy and ultimately the citizens of the country”.
The special secretary for ECB Program Management, Niki Dandolou, said: “With the payments and targets, both for the NSRF 2014-2020 and the NSRF 2021-2027 Programs, to be achieved at the end of the year that has just ended, 2024 is on the way good omens for the national economy”.
Source: Skai
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