Poland's GDP should rise by 0.7 percent in 2023 against 3.6 percent forecast earlier, the World Bank has said in a report.
The former head of TVP, Poland’s state-owned television network, has been appointed as an executive director at the World Bank, the National Bank of Poland (NBP), the country’s central bank, said in a statement.
Poland's GDP should rise by 1.6 percent in 2023 after 4.0-percent growth in 2022 and against 3.6 percent forecast earlier, the World Bank has said in a report.
The World Bank's International Financial Corporation (IFC) will invest EUR 40 million in a fund to support the development of technology firms mostly in Poland and Romania, the World Bank announced on Friday.
Labour market reforms and investments to increase productivity could raise potential economic growth in Poland to 4 percent a year between 2022 and 2030, the World Bank has said in a report.
Poland should invest in improving productivity in order to maintain a high growth rate, the World Bank said in a report on Wednesday.
The World Bank has trimmed its forecast of Poland's GDP growth in 2022 by 0.8 percentage points to 3.9 percent owing to the impact of the war in Ukraine.
Russia should be replaced by Poland in the G20 group owing to Moscow's invasion of Ukraine, the Polish development and technology minister has told the US trade ambassador.
The Polish economy will expand by 4.7 percent in 2022, the World Bank stated on Tuesday, keeping its previous growth forecast unchanged.
The World Bank will lend Poland EUR 250 million to help it improve its air quality and energy efficiency, according to a bank communique issued on Thursday.
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