Republic of Slovenia

Download or read book Republic of Slovenia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-04-04 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 1⁄2 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.