GDP: Real GDP is expected to grow at 4.4% in 2010 and 4.6% in 2011. Recent developments support current forecast.
Fiscal Indicators: Consolidated fiscal deficit might be lower than currently expected 7.3% of GDP in 2010 due to cautious government policy on spending. In particular, the Government might keep some funds attracted in the form of external borrowings for financing expenditures in 2011. At the same time, the Government is assumed to fulfil fiscal target envisaged in the Stand-by agreement for 2011.
