The Polish banking sector has remained highly resilient, with mortgages denominated in foreign currency being its only threat, shows a report by the central bank.
The Polish government, on Tuesday, adopted a new support scheme for mortgage loan holders, the government reported on its website.
According to initial estimates, Poland's 2021 GDP was valued at PLN 2.62 trillion (EUR 560 billion) the Central Statistical Office (GUS) reported on Thursday.
Poland's central bank had at its disposal the equivalent of USD 166 billion at the end of 2021, up six-fold compared to 2020 and almost doubling over the last decade, the National Bank of Poland (NBP) wrote in a statement on Thursday.
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.
Poland’s state budget deficit for 2021 will come in at PLN 26.3 billion (EUR 5.8 bln), according to estimates released by the Finance Ministry on Friday.
New macroeconomic forecasts of the Ministry of Finance assume that Poland’s GDP will increase at a level close to 5 percent in the years 2021-22, the ministry’s main economist has told the Money.pl web portal.
The budget surplus after June this year came to PLN 28 billion (EUR 6.1 billion), the Ministry of Finance informed PAP on Thursday.
Polish Treasury debt at the end of February rose by PLN 32.6 billion (EUR 7.08 billion), or 3.0 percent month on month, to about PLN 1.122 trillion (EUR 243 billion), the Finance Ministry said.
At the end of January 2021, the Polish State Treasury debt reached PLN 1.098 trillion (EUR 242.74 billion), up by PLN 0.9 billion (EUR 199 million) or 0.1 percent from December 2020, the Finance Ministry has reported.