Republic of Slovenia: Staff Report for the 2002 Article IV Consultation
This 2002 Article IV Consultation highlights that the economic growth of Slovenia slowed in 2001 from about 4.5 percent to about 3 percent as domestic demand fell sharply and external demand weakened. Competitiveness remained strong and the current account deficit narrowed to about ½ percentage point of GDP. Real export growth decelerated from 12.7 percent in 2000 to 7.9 percent in the first three quarters of 2001. The planned reduction in the budget deficit in 2001 did not materialize because of expenditure overruns.
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Volume/Issue:
Volume 2002
Issue 077
Publication date: April 2002
ISBN: 9781451835649
$20.00
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Topics covered in this book
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Business and Economics , Banks and Banking , Inflation , Economics- Macroeconomics , Public Finance , ISCR , CR , monetary policy , government , inflation pressure , EU accession , deficit , managed float , privatization proceeds , inflation objective , Budget planning and preparation , Inflation , Exchange rates , Europe
Summary
This 2002 Article IV Consultation highlights that the economic growth of Slovenia slowed in 2001 from about 4.5 percent to about 3 percent as domestic demand fell sharply and external demand weakened. Competitiveness remained strong and the current account deficit narrowed to about ½ percentage point of GDP. Real export growth decelerated from 12.7 percent in 2000 to 7.9 percent in the first three quarters of 2001. The planned reduction in the budget deficit in 2001 did not materialize because of expenditure overruns.
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