Despite a weaker estimate of 4 percent for Slovak economic growth this year, real salaries will increase in the coming years and the unemployment rate will continue to fall until 2022, according to the latest forecast of Slovak economic development, released by the Finance Ministry on Monday. Real salaries are expected to grow by four percent in 2019 and by 3.8 percent in 2020.
"Thanks to higher salaries and the willingness of Slovak households to consume goods and services, economic growth remains above the level of our potential, "said Finance Minister Peter Kažimir. The ministry expects about 30,000 new jobs to be created this year.
Anca Dragu, Photo: TASR