By: Z.P., STA
IMAD, the government’s macroeconomic think tank, reduced the GDP contraction forecast for 2020 from 6.7% to 6.6% and downgraded its growth projection for next year from 5.1% to 4.3%, the Government Communication Office said after the government took note of IMAD’s report.
IMAD says in its winter forecast that following a significant drop in the second quarter of this year, the economy rebounded better than expected in the third quarter. The think tank expects another drop in the last quarter, but not as severe as it was in the spring. In 2022, Slovenia could see a 4.4% growth.