IMF: Greece made progress in austerity reforms

Greece has achieved “considerable progress” in recovering its public finances, the IMF said in a report on Saturday. However, there are still “clear risks” facing the country’s healthcare and social security system, according to the document, released after a mission of the fund’s experts visited the country last month.

“State budget implementation is on track with good expenditure control,” the experts said. “However, hospitals and social security funds present clear risks, as do financial pressures in public enterprises,” the Fund said.

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