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Singapore, Sept 14 (CTK) - Czech economy will show a 6 percent growth this year, only a slight sl... IMF raises estimate of Cze
Singapore, Sept 14 (CTK) - Czech economy will show a 6 percent growth this year, only a slight slowdown against last year´s growth at 6.1 percent, according to regular outlook on world economy published by the International Monetary Fund (IMF) today.
In Central Europe, only Slovak economy will grow faster - by an estimated 6.5 percent. The IMF has raised its estimate for both countries against its spring report.
In the spring, the IMF forecast that the growth of the Czech economy would slow down to 5.5 percent this year, so the current outlook means a significant improvement.
The growth dynamics differ in individual countries. The highest growth is in Baltic states and Turkey, but the Czech Republic and Slovakia are also well off. The growth dynamics in Hungary, Poland and Slovakia is weaker, the IMF notes.
The whole Central and East European region is characterised by high current account deficits, only in the Czech Republic, Poland and Slovenia, the deficits can be labelled as lower ones.
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