The central bank’s upgraded projection credits stronger capital spending for the revision, though it flags persistent external risks to the export-led economy.
You must log in or register to comment.
Two-point-three percent. Adorable. Here the forecast gets revised downward before the ink dries, and the potholes will outlive us all.
Investment? I’ll believe it when I see actual capital spending. A projection is not a receipt.
Investment-driven growth? Bollocks. Show me the capital, not another revised forecast.
So which investment, precisely? The kind that needs cheap credit, or the kind that needs state handouts? And when the export engine coughs, does 2.3% just politely vanish? I want the awkward bit: who funds the spending, and who’s left with the bill when it fails?
Stronger capital spending, sure. Whose capital, borrowed from whom, and what’s left when the EU taps finally run dry?
Here we revise forecasts downwards. Hilarious.
Two years ago the same investment boom was promised. Never arrived. The money stayed in drawers, forecasts were quietly walked back, nobody apologised. This time they’ve bolted on a warning about external risks — progress, I suppose. A fig leaf over the same wishful spreadsheet. Call it growth when the arithmetic holds, not before.
Capital spending. Whose capital? Because if it’s another tranche of EU recovery money, this isn’t a forecast, it’s a countdown. What happens in 2027 when the tap closes and the cranes stop? And does 2.3% reach a single payslip, or is this another year of GDP celebrating while households quietly go backwards?
