In the first episode of The Debrief for this year, we take a look at what's in store for the Polish economy in 2021.
According to estimates, Poland's public deficit in 2020 did not reach above 10 percent of GDP, the Polish finance minister said on Thursday.
The World Bank (WB) upholds its October 20202 forecast, according to which Poland's economy will expand by 3.5 percent in 2021, according to WB's latest report.
The head of Poland’s state development fund has said that the country could see GDP growth hit 5 percent next year, as the country bounces back from the economic shock of the pandemic.
A new report issued by PFR and PwC shows India as having the potential to become the most attractive market for Poles to consider investing in.
The Fitch Agency has downgraded Poland's economic growth forecast in 2021 to 3.3 percent year on year from the 4.5 percent expected in late September and raised it to 5.1 percent in 2022 from 3.3 percent forecast earlier.
The S&P Global Ratings agency assumes that Poland and the EU will reach a compromise over funds in the next EU budget being tied to observance of the rule of law and has also lowered its 2021 GDP growth forecast from 4.5 pct to 3.8 pct, S&P has reported.
New OECD figures show that Poland will be one of the “countries least affected by the pandemic crisis” the finance minister has claimed.
Strong exports have helped Polish the economy bounce back in the third quarter following the downturn caused by the spring lockdown.
Poland's Gross Domestic Product (GDP) will fall by approx. 3.0 percent year on year in 2020, the Ministry of Labour, Development and Technology said on Monday.