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RPT-Swedish govt cuts 2010 GDP outlook in budget

Published 04/15/2010, 02:23 AM
Updated 04/15/2010, 02:44 AM

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STOCKHOLM, April 15 (Reuters) - Sweden's centre-right government forecast slightly weaker economic growth this year as it unveiled on Thursday its last budget bill before September's general elections. The coalition government, trailing the centre-left in opinion polls, said it saw gross domestic product expanding 2.5 percent this year compared with a January forecast of 3.0 percent.

But it was more upbeat for 2011, seeing expansion of 3.9 percent in 2011 rather than the 3.6 percent growth previously forecast.

The government unveiled few new measures in the bill, which is a supplement to the full 2010 package unveiled last year. Analysts expect the government to come up with new measures ahead of the election.

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