Ministry finance of Republic of Estonia worsened macroforecasts for the country for 2023-2024

Moscow. August 24. information agency "Interfaks" - Ministry finance of Republic of Estonia worsened the forecast of economic recession in the country in 2023 (in real terms) to 2% from 1,5%. About it reports agency to BNS with reference to the updated forecasts of department. The ministry still expects renewal of real GDP growth in 2024, however the forecast of growth is worsened to 2,7% from 3%. In 2025 Minfin predicts the real growth of economy at the level of 3%, in 2026 – 2,5%, in 2027 – 2,2%. Thus nominal GDP growth Estonia in the current year will make 7,7%, in the following – 6,8%, and in 2025-2027 – 5,5%, 4,8% and...