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Thursday, April 25, 2024

IMAD projects 4.2% growth for Slovenia this year

By: J.S., STA

The Institute of Macroeconomic Analysis and Development (IMAD) downgraded its growth projection for Slovenia for this year from 4.7% in the autumn forecast to 4.2% in the spring forecast, expecting growth to slow down to 3% next year and to 2.8% in 2024 on the back of uncertainties linked to the war in Ukraine, high energy prices and disrupted supply chains.

The government was supposed to sign off the forecast, which is a basis for government budgeting, a month ago, but it waited until today, after the general election.

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