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EIZ analysts put Croatia's economic growth rate at 4 pct in 2006

Izvor: HINA
Autor: ;vmic;
ZAGREB, Feb 1 (Hina) - Analysts at the Zagreb Institute of Economics(EIZ) predict that this year's economic growth rate will be four percent due to increasing public spending and exports and furtherinvestment recovery.
ZAGREB, Feb 1 (Hina) - Analysts at the Zagreb Institute of Economics (EIZ) predict that this year's economic growth rate will be four per cent due to increasing public spending and exports and further investment recovery.

Personal spending will see a mild rise as a result of faster wage growth, a continuation of strong loan activity, and increasing government transfers because of the payment of the first instalment of the debt to pensioners, the EIZ said in a press release on Wednesday on the occasion of publication of a new issue of the Croatian Economic Outlook Quarterly.

Investments are expected to pick up with the continued construction of road infrastructure and private investment initiatives.

(Hina) vm

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