Estonian GDP growth seen slower than expected
It had forecast 2.9% growth for 2021 in its December forecast.
"A new and aggressive outbreak and the restrictions imposed prevent the crisis from being resolved at the expected pace.
The economic recovery will be delayed to the second half of this year," the central bank said in its quarterly economic review.
The central bank raised its 2022 growth forecast to 5.0% from 4.2%. ■