The Polish economy will expand by 3.8 percent in 2021, the World Bank said on Wednesday, raising its previous growth forecast of 3.5 percent.
The World Bank has reduced its forecast for Polish economic growth this year to 3.3 percent from 3.5 percent expected earlier.
Research on remote schooling shows that students are falling far behind in their studies, covering up to 60-70 percent less material over an entire school year, the newspaper Gazeta Wyborcza wrote on Monday, citing World Bank data.
The Polish economy will have one of the “shallowest” recessions in Europe, the finance minister has claimed.
The World Bank (WB) upholds its October 20202 forecast, according to which Poland's economy will expand by 3.5 percent in 2021, according to WB's latest report.
Polish Deputy Finance Minister Piotr Nowak has met online with Vice-President of the World Bank for Europe and Central Asia Anna Bjerde to discuss current and future cooperation between Poland and the World Bank.
The World Bank has upgraded Poland's expected economic growth figures for 2020, forecasting a 3.9 percent GDP drop instead of a 4.2 percent decline predicted in June.
The research compiled by British analysts NimbleFins collated data from sources such as the OECD, World bank, Eurostat and the World Economic Forum.
A mere 4 percent of Poland's companies said they had to make redundancies, according to the 'COVID-19 Business Pulse Survey - Poland' carried out by the World Bank and the Polish Agency for Enterprise Development (PARP).
Poland has changed in an unimaginable and unprecedented positive way because the government has been supporting families, said Deputy Prime Minister and Minister of Development Jadwiga Emilewicz in Kalisz, central Poland, on Sunday.
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