Sustainable Bond Framework

Looking Ahead Main indicators 2021 2022 (est.) 2023 f 2024 f 2025 f Real GDP (% change) 5.5% 5.6% 3.0% 3.3% 3.2% Unemployment rate 7.5% 7.0% 6.4% 5.7% 5.0% Public debt (% of GDP) Fiscal Balance (% of GDP) 101.0% 86.5% 80.6% 74.1% 70.0% -1.7% 2.3% 1.7% 2.3% 2.3% Source: Ministry of Finance (1) "f" denotes forecasts by the Ministry of Finance as of October 2022. Forecasts are based on assumptions and there can be no assurance that any such forecasts will be realised. Forecasts are subject to revisions from time to time. 46

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