Prodromou says 4% Q1 growth shows economy on track

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Prodromou says 4% Q1 growth shows economy on track
 © BusinessMail 2018
By Stelios Orphanides

Government spokesman Prodromos Prodromou said that the 4 per cent annual growth rate in the first quarter reported on Friday by Cystat confirms that the economy continues on a growth course for a thirteenth consecutive quarter and may grow faster than forecast.

“Economic growth in 2018 is projected to be at least 4 per cent, which is higher compared to previous forecasts,” said Prodromou, an economist appointed in March as government spokesman, in an emailed statement. The Finance Ministry said in April that it expected the economy to grow 3.8...


This article was automatically added to our system 8-6-2018

Prodromou says 4% Q1 growth shows economy on track


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