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Lower Economic Growth Forecast by IMAD

Ljubljana, 17 June - The spring report of the the government Institute for Macroeconomic Analyses and Development (IMAD), published on Tuesday, shows a bleaker picture of Slovenia's economic growth for 2003 and 2004, based on uncertainty about the ability of the European economy for a quick recovery. That uncertainty and higher prices of oil sliced the economic growth forecasts by 0.4 percentage points to 2.7 percent.

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