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Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
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Latest BoG report sees sustained growth, range of challenges
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Current account deficit still improving in Oct due to trade balance for services, goods
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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
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Budget continues to outperform in Nov as taxes beat target by 334 mln
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Government’s growth ambitions meet RRF reality
Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
The draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line with the medium-term fiscal-structural strategy (MTS) that was presented by the government last week.
The draft sees significantly more moderate growth assumptions and, notably, much more modest outlook for investments in the wake of the government repeatedly missing its target for inward funding during its time in office.
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