Denmark cuts GDP forecast for 2023

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COPENHAGEN, March 23 (Reuters) – The Danish government expects Denmark’s economy to grow by 0.2% this year, down from an August forecast of 0.8%, according to a finance ministry report due to be released on Thursday, business daily Borsen reported.

By contrast, the country’s central bank has said it expects the economy to grow by 0.9% this year.

The government will on Thursday also propose tight spending for 2023 to prevent public spending from stoking inflation, the paper said.

Public finances will see a structural surplus of 0.7% of GDP in 2023, up from 0.4% seen last autumn, Borsen reported.

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