Large segments of the national economy could be reopened in May-June, Poland's prime minister said on Monday.
Poland should return to its pre-pandemic GDP levels in early 2022 despite the lockdowns in Poland and the EU’s major economies, Beata Javorcik, the EBRD’s chief economist, told Obserwator Finansowy.
The European Commission wants the draft of Poland's National Recovery Plan (KPO) amended because it puts too little focus on reforms, the newspaper Dziennik Gazeta Prawna wrote on Monday citing insiders in Brussels.
Poland’s finance minister has welcomed a positive report on the Polish economy by ratings agency S&P.
Last year's increase in the general government deficit was primarily generated by the launch of various aid packages to counter the negative impact of the Covid-19 pandemic on the economy.
The Polish economy will expand by 3.3 percent this year, according to ratings agency Moody's, which previously put the country's growth rate at 4.0 percent.
Things should return to normal in two to three months and let’s hope we will not have to wait three months for the economy to reopen, Poland’s finance minister has said.
The World Bank has reduced its forecast for Polish economic growth this year to 3.3 percent from 3.5 percent expected earlier.
Poland's GDP will hit 4-5 percent this year, according to a Monetary Policy Council (RPP) member.
Fifty-three percent of CEOs of Polish companies are convinced that in the course of the coming 12 months, the global economy will record growth, according to the 'CEO Survey' report by consultancy firm PwC, published on Wednesday.
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