Wednesday, October 24, 2007

IMF's Projections for Slovenia Incorrect

"Finance Minister Andrej Bajuk has assessed that the International Monetary Fund (IMF) has underestimated Slovenia's economic growth in its projections. Slovenia's growth will top 5.4% this year and will definitely also exceed the IMF's projections for next year, Bajuk said on the margins of the annual meetings of the IMF and the World Bank in Washington.

The governor of the Slovenian central bank, Marko Kranjec, meanwhile noted that the officials he had met in Washington were mainly interested in Slovenia's high inflation, while he also announced that the next IMF mission would visit Slovenia in late 2008. The pair held a number of bilateral meetings on Saturday, and took part in the session of the International Monetary and Financial Committee. "

Source: GCO

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