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Balkans: World Bank lifts growth forecasts for 5 countries

But lowers GDP growth for Bulgaria, Kosovo, Romania

09 January, 18:13
(ANSA) - BELGRADE, JANUARY 9 - The World Bank has lifted its economic growth forecasts for 2019 for five countries in the Balkans and Eastern Europe in its 'January 2019 Global Economic Prospects' report.

Albania's GDP is expected to grow by 3.6% in 2019, 0.1 percentage points higher than the previous projection, the specialized portal SeeNews reported. Also Croatia is forecasted to grow faster in 2019 than expected, with the GDP at 2.8% (+0.1%), the same growth like in Montenegro (+0.2% over the previous estimates). The World Bank increased the growth forecast also for Macedonia by 0.2% to 2.9% and for Moldova by 0.1% to 3.8%. The World Bank confirmed its 2019 projections for Bosnia and Herzegovina (3.4%) and Serbia (3.5%), while the it lowered the forecasts for Bulgaria, Kosovo and Romania to 3.1%, 4.5% and 3.5%, respectively. (ANSA).

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