BUSINESS IN SHORT

IMF expects 1.4-percent growth

SLOVAKIA’S economy is expected to grow by 1.4 percent in 2013, according to the latest prognosis of the International Monetary Fund (IMF). In 2014, gross domestic product is forecast to grow by 2.7 percent, the SITA newswire reported.

SLOVAKIA’S economy is expected to grow by 1.4 percent in 2013, according to the latest prognosis of the International Monetary Fund (IMF). In 2014, gross domestic product is forecast to grow by 2.7 percent, the SITA newswire reported.

The IMF expects the inflation of consumer prices in Slovakia to be 1.9 percent this year and 2 percent in 2014.

However, the unemployment rate will remain stagnant throughout this year and the next, at 14.3 percent.

The IMF gave its prognosis in its latest forecast of the global economy, which was published on April 16. The economy of the eurozone will decline this year, according to the IMF forecast, by 0.3 percent, but next year it should grow by 1.1 percent, SITA wrote.

Get daily Slovak news directly to your inbox

Top stories

News digest: High-profile arrests and discussion on reopening schools continues

PM Matovič proposes pilot testing for schools. Slovakia will have the very first Slovak ambassador to the EU.

PM Igor Matovič has stepped into the debate about opening the schools for older children.

Another former police president reportedly charged in a corruption case

NAKA charged eight former high-ranking police, SIS and Financial Administration officials.

Milan Lučanský

Matovič could have made comments about the US rather than Mongolia

I am proud of what has been achieved in Slovakia, says Billy Altansukh.

Older children will not return to schools before Christmas

PM Igor Matovič still wants some pupils to return, he proposed a pilot testing plan.

The school in Trebišov.