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Slovenia Business Week no. 17: IMF Anticipates 4% Economic Growth in Slovenia

IMF believes Slovenian inflation will stand at 2.5% this year and 2.4% in 2007

Slovenia's economy will expand by 4% annually in 2006 and 2007, according to the World Economic Outlook, a report released on Wednesday, 19 April by the International Monetary Fund (IMF). IMF believes Slovenian inflation will stand at 2.5% this year and 2.4% in 2007.

According to the report, Slovenia is on track to continue meeting Maastricht criteria for eurozone entry through its planned adoption of the euro in the beginning of 2007.

The growth forecast for Slovenia is under the 5.9% growth the IMF anticipates will be registered around the world this year. According to the report, global economic growth continues to beat all expectations despite the high prices of crude oil.  

Meanwhile, the IMF forecasts global growth to drop somewhat to 4.7% in 2007.

Source: Slovene Press Agency STA

Author: STA