Poland's budget deficit is likely to come to PLN 68 billion (EUR 14.3 billion) in 2023 under a budget bill approved by the government on Wednesday.
Rating agency Standard and Poor's (S&P) has downgraded Poland's economic growth forecast to 4.0 percent in 2022 from 4.5 percent.
The Fitch ratings agency has revised down Poland's GDP growth forecasts for both 2022 and 2023, to 3.9 percent from its previous estimate of 5.2 percent for this year and to 1.5 percent for next year from the level of 3.0 percent, the agency has indicated in a report.
Poland has the largest digital economy in Central and Eastern Europe, worth an estimated EUR 44 billion in 2021, according to a new report published on Wednesday.
Poland will experience a gradual decline in GDP and its Consumer Price Index (CPI) in the coming years, the Monetary Policy Council (RPP) said on Wednesday.
Poland's Gross Domestic Product (GDP) increased by 5.5 percent year on year in the second quarter of 2022, the Central Statistical Office (GUS) said on Wednesday.
Poland's economy is slowing down, with a GDP drop to 2.7 percent expected in Q3 2022, after a drop from 8.5 to 5.3 percent in Q2, a state-owned think tank reported on Wednesday.
Poland's Gross Domestic Product (GDP) increased by 5.3 percent year on year in the second quarter of 2022, the Central Statistical Office (GUS) said in a flash estimate on Wednesday.
Poland's currency is one of the sources of its economic success and giving it up would be a grave mistake, the governor of Poland's central bank said in an interview for Monday's Dziennik Gazeta Prawna newspaper.
The International Monetary Fund (IMF) announced on Tuesday that it has raised Poland's GDP growth forecast for 2022 from 3.7 to 4.5 percent, and lowered the 2023 forecast from 2.9 to 2.0 percent.
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