IMAD Downgrades Economic Forecast to 2.4% Contraction in 2013

Ljubljana, 20 June - IMAD, the government's main economic think tank, has forecast that Slovenia's economy will contract by 2.4% this year, a downgrade of 0.5 percentage points over its March forecast. The forecast for 2014 has been downgraded from growth of 0.2% to a contraction of 0.2%.