The Greek state budget draft for 2017 includes a forecast for a primary budget surplus -- as a percentage of GDP -- of 1.8 percent.
The figure was announced after negotiations on Sunday between creditors and the Greek government reportedly closed on various fiscal issues, including a 50-million-euro gap previous cited by creditors’ representatives.
Negotiations are expected to continue over fiscal policy for 2018.
The draft 2017 budget will also reportedly include a 760-million-euro provision for funding a minimum guaranteed income level, a campaign promise by the leftist government to boost social spending.
The bigger than expected projection, in terms of a primary budget surplus for the coming year, aims to ensure the prospect of a “fiscal safeguard”, according to the same government source.
