Poland's GDP to reach close to 4 pct next year - development min

Next year, Poland's GDP growth will accelerate to nearly 4 percent, faster than in countries of Western Europe, Deputy Prime Minister and Development Minister Jadwiga Emilewicz told the Gazeta Wyborcza daily on Monday.

"The Polish government hopes that the country will finish this year at the level of the European Commission forecast, that is, with a decline (in growth) of approximately 4 percent, commenting on Poland's expected recession, Emilewicz said.

"Next year we will achieve a GDP growth of nearly 4 percent," she added, due to large public procurement and boosting the market in the construction sector.

According to Emilewicz, the Polish economy needs to be digitised faster to make it more useful for the citizens.

She also said that, given the growth rate of the Polish economy in the last five years, its flexibility and continuous vitality, it may develop faster than the economies of its Western partners.

In regard to a return to full activity after pandemic, Emilewicz said the Polish government would like it to last as long as the duration of the contracted subsidies, that is, until the end of 2022.

"We would like to be able to say that we no longer remember the economic effects of the pandemic. However, our thinking about the economy, as well as our approach to consumption will probably be overestimated," she said.