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World Bank cuts Kosovo’s 2017 GDP growth fcast to 3.9%

World Bank cuts Kosovo’s 2017 GDP growth fcast to 3.9% Author: D.F. Shapinsky License: Creative Commons.

PRISTINA (Kosovo), January 11 (SeeNews) - The World Bank said it lowered its 2017 economic growth projection for Kosovo to a real 3.9%, down by 0.1 percentage point compared to the bank’s previous forecast made in June.

The World Bank also cut its forecast for Kosovo’s real economic growth in 2018 to 3.7%, down from the previously projected 4.1%, the World Bank said in its January 2017 Global Economic Prospects Report posted on its website.

The World Bank said it expects Kosovo’s economy to expand by 3.6% in 2019.

Kosovo's 2016 economic growth was estimated at 3.6% real, the World bank added.

The World Bank's estimate of Kosovo’s real GDP growth in 2015 was revised to 4.1%, up from the bank’s June 2016 estimate of 3.6%.

Author Mario Tanev
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