Slovenia: IMAD downgrades GDP forecast to 1.6%

(ANSA) - BELGRADE, SEP 14 - The Slovenian government's macroeconomic think tank, IMAD, has reduced the country's GDP forecast for this year from 1.8% to 1. 6% and raised the growth projection for 2024 from 2.5% to 2.8%, according to the Slovenian news agency STA.
    "Economic growth is calming down this year, especially in the export-oriented part of the economy. Private consumption growth is also lower than last year, while investment in buildings and other facilities continues to grow," the government think-tank said. (ANSA).