Economic forecast 2011-2016


  • Statistical Series
  • 4 April 2011
  • Vol 96, Issue 21
  • ISSN: 1670-4665


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The economic forecast for 2011-2016 assumes that a gradual recovery will start in 2011 with 2.3% growth after contraction of 3.5% in 2010. Positive growth is expected throughout the rest of the forecast period, given that planned large scale industrial investments are not further delayed. A surplus in trade is expected during the forecast period. Consequently private consumption is expected to grow from 2011 to 2016.

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