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Slovenia Business Week no. 46: Dun&Bradstreet Finds Reform Goals Feasible

Dun&Bradstreet's (D&B) November report keeps Slovenia firmly at the top in the region, with the country's ratings still bearing a growth sign

Dun&Bradstreet's (D&B) November report keeps Slovenia firmly at the top in the region, with the country's ratings still bearing a growth sign. D&B feels that Slovenia has maintained its reputation as an economically stable state, while its reform goals are achievable.

The largest international rating firm reported, however, that business people in Slovenia are somewhat disappointed because the government-sponsored reforms are not expected to be implemented in their entirety.

Yet, rating firm Bonitetna hisa I, the Slovenian partner of D&B, expects the rest of the planned measures to be carried out at a later stage.

D&B also concludes that economic growth in Slovenia has been fuelled by a significant rise in net exports, while import growth has slowed down somewhat.

The firm says that under the government's 2006 and 2007 budget bills, which are to be submitted to the parliament in the coming weeks, the fiscal deficit in 2006 should fall from the predicted 1.6% to 1.4% of GDP, dropping to 1.2% in 2007.

Source: Slovene Press Agency STA

Author: STA