GDP grew by 5.8 percent in 2015. Inflation has declined to close to zero owing to lower oil prices and the strong dollar. Unemployment remains low. The external current account deficit has been moderating and is being financed by FDI inflows. Fiscal consolidation since mid-2014 helped to achieve a lower-than-budgeted deficit of 2.8 percent of GDP in 2015.
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|Size: ||2.1 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2016|
|ISBN: ||9781475551129 (DRM-EPUB)|
|Read Aloud: ||not allowed|