IMF puts its trust in a stronger Swedish economic growth


Wednesday, 13 July 2011
The International Monetary Fund, IMF, is revising up its forecast for growth in Sweden this year.
The fund now tracks that Sweden's gross domestic product (GDP) will be growing by 4.4 percent this year, compared with a forecast of 1.9 percent in its previous assessment.

However, this is less than last year's growth and is expected to weaken further, to 3.8 percent in 2012 due to tighter fiscal policies in Europe and a strong Krona weighing on exports.
By Team

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