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The Government has an economic forecast "much more cautious" and "more realistic" for the end of 2019 and for 2020, chief of the Prime Minister's Chancellery Ionel Danca argued after the National Commission for Strategy and Prognosis (CNSP) has revised downwards the estimations regarding the economic growth on 2019.
He underscored that "the good news" is that economy will continue to grow in the following years at a rate ""much closer to the potential, around 4 percent" with a slight trend to tone down the macroeconomic imbalances in 2020 and then more accentuated.
On Thursday, the National Commission for Strategy and Prognosis has revised downwards the estimations regarding the economic growth for 2019, in the lower vicinity of the 4.0 percent level against 5.5 percent as estimated in the spring forecast, taking into account sectoral statistical data of the national accounts available for the first semester of 2019.
