“Extremely positive for the country,” the finance minister described Christos Staikouras on the 13th Evaluation Report of institutions under the Enhanced Surveillance regime, which was made public today. Among other things, as the Minister stated, he certifies that the Greek economy has recovered quickly and strongly from the health crisis and that its prospects remain favorable, despite the high uncertainty caused internationally by Covid-19 and price increases, especially in the market. energy. He added that the report also highlights the “rapid response of the government to the spread of the new coronavirus mutation and to the higher-than-expected inflation with new targeted support”.
In his statement, Mr. Staikouras also emphasized specific points of the report, which, as he said:
Underlines the significant projected reduction in the budget deficit this year, the drastic reduction in unemployment, which is estimated to shrink further in 2022, and the decline in the risk of poverty in 2020, despite the health crisis.
– Notes the intention of the government to proceed, in May, to a new increase of the minimum wage, in order to limit the impact of price increases for the low paid.
Welcomes the successful completion of key actions in the fields of public administration and the simplification of business licensing procedures in sectors of the economy, as well as the completion of the administrative reorganization of EFKA and the promotion of its full digitization.
Welcomes the progress made in key reforms, such as the ENFIA reform – which, as mentioned, will expand the tax base and make the property tax more equitable and cost-effective – the settlement of overdue public debts to individuals, the management of public finances, through the further improvement of the Functional Classification of General Government Expenditures, the privatizations, the collection of the clawback in the field of Health, the Land Registry, the codification of the labor legislation and the treatment of corruption.
In addition, notes the continued reduction of “red” loans, the completion of all procedures provided for in the new framework for debt settlement and the provision of a second chance (out-of-court mechanism, early warning system, etc.), progress in the digitization of the state and implementation of the National Plan for Recovery and Sustainability.
“All of the above is another recognition of the hard and methodical work of all of us – citizens and the State – in the field of economy, in a fluid international environment of ongoing challenges. A job that continues without complacency, but with full awareness of the difficulties, with a plan, responsibility and confidence in our strengths and in the country’s capabilities, in order to make Greece stronger in all respects and its economy more dynamic, productive, extroverted and socially just. ” , the Minister of Finance concluded in his statement.
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