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Paweł Borys

Poland's GDP growth around 1 pct in 2023 - gov't agency head

Tomasz Gzell/PAP

Poland's GDP growth come to about 1 percent in 2023, Pawel Borys, the head of the state development fund, PFR, has said.

Inflation likely to drop below 10 pct next year says head of gov't agency

The second half of next year should bring inflation down below 10 percent according to Paweł Borys, head of the Polish Development Fund (PFR).

Poland faces risk of stagflation next year says state fund head

The war in Ukraine and sanctions on Russia will result in a further increase in inflation, but in 2023 the Polish economy may enter a period of stagflation, the head of the state-owned Polish Development Fund (PFR) has said.

Poland's average annual CPI likely to start falling in H2

Poland's average annual growth of prices of consumer goods and services (Consumer Price Index, CPI) is expected to stand at around 7 percent in 2022, according to the head of the Polish Development Fund (PFR).

Poland may see double-digit growth of investments next year - official

Investments should log a double-digit growth next year and be a driving force for the Polish economy, a government official said on Monday.

Poland's GDP growth to exceed 5 pct in coming years

Poland's economy will likely expand by 5 percent in the coming two or three years, according to the head of the Polish Development Fund.

Gov't aid saved companies during pandemic - PFR head

State aid programmes for micro, SME and large companies during the pandemic stabilised their financial situation, the president of the Polish Development Fund (PFR) has said.

Half of Polish firms took advantage of government aid programmes

The Polish Development Fund has channeled billions of funds to companies struggling with the economic effects of the Covid-19 pandemic since it began in the spring of 2020.

Poland to launch financial aid programme for large companies

A PLN 25-billion (EUR 6.43-billion) financial shield, to be launched next week, offers liquidity and preferential loans to large companies hit by government-imposed Covid-19 related restrictions.

State agency PFR upbeat on Poland's growth, warns against pandemic risk

Poland's economic growth could reach up to 5 percent this year, but if the coronavirus restrictions are prolonged for a considerable time, GDP expansion may be as little as 2 percent, the head of the state-run development fund PFR, Pawel Borys, has said.

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