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Last Update: ،
2026/11/10
Time
07:35:44
Latest News:
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Latest News:
Al-Khanbashi Highlights Role of Media in Promoting Values of National Loyalty, Unity
Ministry of Transport Welcomes IMO's Condemnation of Houthi Attacks on Commercial Ships
Coalition Intercepts and Destroys Houthi Ballistic Missile Targeting Southern Saudi Arabia
Yemen Ambassador Meets Indonesian Presidential Advisory Council Member
Yemen, Indonesia Discuss Cooperation on Migration and Rehabilitation Affairs
Austrian central bank expects 0.3 percent growth in 2025
[13/09/2025 06:31]
VIENNA-SABA
The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.
The bank's governor, Martin Kocher, stated that the local economy recorded slight growth in the first six months of 2025 after nearly two years of recession, which contradicts previous expectations that indicated a slight decline, prompting a revision of current forecasts.
The Austrian Central Bank expects the local economy to record a slight growth in GDP of 0.3 percent for the current year 2025, thus avoiding entering a third year of recession, following stronger than expected economic performance in the first half of the year.
The bank's governor, Martin Kocher, stated that the local economy recorded slight growth in the first six months of 2025 after nearly two years of recession, which contradicts previous expectations that indicated a slight decline, prompting a revision of current forecasts.
Key words:
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