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Central bank predict milder fall in GDP, budget deficit as high as 60% of GDP

Autor: itom
ZAGREB, Oct 14 (Hina) - The Croatian National Bank (HNB) expects that the total fall in economic activity in 2013 could be a little milder than the HNB's outlook given in July when the central bank projected a fall in Gross Domestic Product (GDP) of around one percent and it is estimated that the planned total fiscal deficit for this year will probably be significantly overstepped while public debt by the end of the current year could reach 60% of GDP.

(Hina) sp

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