Poland's borrowing needs below 5 pct of GDP in 2020 - agency head

"At the moment it is very unlikely that the government needs should exceed 4-5 percent of GDP," Borys said. Piotr Nowak/PAP

The Polish government's borrowing needs will not exceed the 4-5 percent of GDP range, Pawel Borys, head of the Polish Development Fund (PFR), said in a video conference on Thursday.

"At the moment it is very unlikely that the government needs should exceed 4-5 percent of GDP," Borys said.

The PFR head also assessed as low the probability of Poland's debt rising above 50 percent of GDP from the current 45 percent level in 2020.