Arab Today, arab today dutch economy to shrink by 05
Last Updated : GMT 06:37:29
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Dutch economy to shrink by 0.5 %

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Arab Today, arab today Dutch economy to shrink by 0.5 %

Brussels - KUNA

In 2013, GDP in the Netherlands is expected to decline by 0.5 percent, while the unemployment level will increase to 6 percent of the labour force, according to forecasts published by the Netherlands bureau for economic policy analysis, CPB, Wednesday. The budget deficit will go down to 3.3 percent in 2013, it noted. This was the fourth forecast of 2012 published by CPB, the government\'s macro-economic planning agency. Last week, the Dutch Central Bank said the economy in the Netherands will shrink by 0.6 percent next year.

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