The Slovak economy is continuing with steady growth, reads the concluding statement of an International Monetary Fund (IMF) mission in Slovakia, released on Wednesday. Moreover, with the Slovak GDP swelling by 3.3% in 2016, the country's economic growth continues apace. However, the IMF warns that Slovakia is also facing several risks, including regional disparities and ageing pressures, both being among the most severe in Europe. The fund noted that rising employment, low inflation, and rapid household credit growth were among the chief factors behind a consumption boost. On the other hand, low absorption of EU funds, reflecting the beginning of the new programming period, dampened investment and imports.
Zuzana Botíková, Photo: AP/TASR
