"Private consumption is expected to strengthen in the second half of 2019 and in early 2020, as new fiscal transfers and tax cuts increase household disposable income, the European Commission said.
Global ratings agency Fitch has raised its GDP growth forecast for Poland to 4.2 percent in 2019 from the previously expected 4.0 percent.
This year Poland’s GDP will exceed $600 billion for the first time in history.
The Polish economy grew by 4.7 percent year-on-year in the first quarter of 2019, the Central Statistical Office (GUS) said on Friday.
Poland's economy could expand by as much 4.6 percent in 2019, rather than the 4.2 percent forecast before, analysts of Poland's largest lender by assets PKO BP wrote in their latest quarterly report.
The Organisation for Economic Co-operation and Development (OECD) is yet another institution that has appreciated Poland's economic policy, PM Mateusz Morawiecki wrote on Twitter on Wednesday.
The Organisation for Economic Cooperation and Development (OECD) has upgraded Poland's economic growth forecast to 4.2 percent in 2019 from 4.0 percent expected earlier.
Poland was only outperformed by Romania with 5.1 percent growth and Hungary with 5.2 percent growth in the first quarter of 2019.
The Polish gross domestic product grew by 4.6 percent year on year in the first quarter of 2019, according to a Central Statistical Office (GUS) flash estimate published on Wednesday.
The European Bank for Reconstruction and Development (EBRD) has raised Poland's GDP growth forecast for 2019 to 4.1 pct year on year, up by 0.5 pct., the bank said in a recent report.