The governor of NBP, Poland's central bank, has said that the country's economic growth will reach 4-4.5 percent in 2022.
The recently-approved EU post-pandemic funding of the Polish economy will help improve deteriorating economic sentiment, the finance minister has told PAP.
After robust growth in the first quarter of this year, the Polish economy will slow down in the coming quarters, the Polish Economic Institute (PIE), government think-tank, said on Tuesday in reaction to the country's recent GDP data.
Poland's economic growth rate will fall in 2023 to around 3 percent, the National Bank of Poland (NBP) governor said on Friday.
This year's economic growth is expected to reach 3.8 percent while annual inflation is to amount to 9.1 percent, according to a Finance Ministry macroeconomic forecast published on Tuesday.
Russia's war on Ukraine has driven up inflation, the head of the National Bank of Poland (NBP) said on Thursday.
The Polish retail sector could get a boost owing to increased demand for foodstuffs and other products caused by the huge number of refugees from Ukraine now in Poland, the newspaper Rzeczpospolita reported on Friday.
S&P Global Ratings revised down Poland's GDP growth forecast for 2022 to 3.6 percent from its previous estimate of 5.0 percent, on the back of economic consequences of the war in Ukraine.
Andrzej Duda, the president of Poland, has said that the Polish government has decided to grant Moldova EUR 20 million interest-free credit to help it deal with problems caused by the ongoing war in Ukraine, and the growth of energy and gas prices.
Adam Glapiński, the governor of the National Bank of Poland (NBP), has said the bank's rate-setting body (RPP) is determined to bring inflation down to target "as quickly as possible".
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