Govt forecaster corrects outlook to a milder contraction

Ljubljana, 24 June - The Institute of Macroeconomic Analysis and Development (IMAD) has slightly upgraded its forecasts for Slovenia's economy for this year, now projecting a contraction of 7.6%, down from 8.1% forecast in May, to be followed by a 4.5% growth in 2021.

Novo Mesto
Slovenia's economy expected to see a 7.6% contraction this year.
Photo: Tina Kosec/STA
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