IBnGR expects three rosy years ahead for economy

IBnGR projects GDP growth rates for 2004-2006 at 4.5%, 4.9% and 5.1%, respectively, with the upturn to be fueled primarily by surging exports, but also by domestic demand. The institute expects the five year trend of declining employment to be reversed in the second quarter of this year. As usual, the public finance situation is seen as one of the main threats to economic recovery, along with lack of progress in structural reforms and development of infrastructure. (Puls Biznesu, '10-latki' supplement, p. VIII) T.J.