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.
The EC Commissioner for Economic and Financial Affairs, Taxation and Customs described on Tuesday the upgrading of Poland's economic growth forecast for 2019 as spectacular and added that the fiscal stimulus, or increased public outlays, were the chief reason.
In an optimistic scenario, Poland will become a member of the G20 group in 2029, the Polish Economic Institute wrote in a report.
The International Monetary Fund's (IMF) upgrade of the economic growth for Poland for 2019 and the parallel downgrade of the inflation projection proves that the government policy supports dynamic growth, PM Mateusz Morawiecki wrote on Twitter on Thursday.
Poland's GDP growth is expected to reach 4.0 percent in 2019, 3.6 percent in 2020 and 3.3 percent in 2021, the World Bank announced on Friday. Poland's budget deficit may rise to 1.4 percent of GDP in 2019 and to 1.6 percent in 2020, the bank's report said.
Poland has made digitisation a cornerstone of its economic policy, in the context of fostering economic growth and innovation.
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