Spectator on facebook

Spectator on facebook

IMF projects Slovakia’s GDP growth at 2.3 percent in 2014

The pace of growth of Slovakia’s economy is forecast to accelerate markedly in 2014, according to the latest World Economic Outlook released by the International Monetary Fund (IMF). Based on the IMF forecast published on April 8 in the US, Slovakia’s GDP is likely to grow by 2.3 percent in 2014 - up from 0.9 percent in 2013, with the figure predicted to rise to 3 percent in the following year.

The pace of growth of Slovakia’s economy is forecast to accelerate markedly in 2014, according to the latest World Economic Outlook released by the International Monetary Fund (IMF).

Based on the IMF forecast published on April 8 in the US, Slovakia’s GDP is likely to grow by 2.3 percent in 2014 - up from 0.9 percent in 2013, with the figure predicted to rise to 3 percent in the following year.

Conversely, the growth of consumer prices will decelerate from 1.5 percent in 2013 to 0.7 percent in 2014. The IMF has estimated, as quoted by the TASR newswire, that in 2015 inflation will jump back to 1.6 percent. In addition, the uplift in the economy should translate into slight reductions in the unemployment rate. It's been calculated that the figure will average 13.9 percent in 2014 and 13.6 percent in 2015, compared to 14.2 percent forecast for 2013.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.