ECONOMIC BRIEFS

Finance Ministry issues forecast for 2000

The government discussed the "Strategy for Financial Policy by 2000," a study developed by the Finance Ministry which projects Slovakia's macro-economic indicators to 2000. In the report, Slovakia's GDP growth will be 5.9 percent in 1997 and then slow down marginally to 5.8 percent in 2000.

The inflation rate will decline from 6.2 percent in 1997 to 5.9 percent in 2000, while the unemployment rate will be reduced to 9.3 percent in 2000. Also according to the report, the trade deficit will be 38 billion Sk this year, 61.3 billion Sk next year and reach 93.8 billion Sk in 2000.

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