State agency PFR upbeat on Poland's growth, warns against pandemic risk
Poland's economic growth could reach up to 5 percent this year, but if the coronavirus restrictions are prolonged for a considerable time, GDP expansion may be as little as 2 percent, the head of the state-run development fund PFR, Pawel Borys, has said.
In an interview with private newspaper Dziennik Gazeta Prawna (DGP), Borys said Poland may be "one of a few countries that in 2021 will reach growth levels seen before the pandemic".
"The GDP growth rate may be in the range of 4-5 percent," Borys said.
However, he warned that the pandemic "may change everything and prolong the restrictions."
"In such a case, the growth may rather be 2-3 percent," he said.
In 2022, the gross domestic product growth rate could exceed 5 percent, he added.
