IMF Upgrades Growth for Slovenia

BusinessEconomy ♦ Published: April 9, 2014; 10:10 ♦ (Vindobona)

In its latest report the International Monetary Fund has raised its projection for GDP growth in Slovenia.

The Slovenian economy is slowly recovering. / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

The IMF raised growth expectations in Slovenia from 1.1 percent contraction, which was projected in January, to 0.3 percent growth in its latest report. In 2015, Slovenia’s economy is expected to increase by 0.9 percent. Compared to the forecasts by Slovenian institutions, the projections by the IMF have been pessimistic. However, the latest estimates are proving that the economy in…