Polish GDP may grow over 3.6% this year: finance minister
PR dla Zagranicy
Paweł Kononczuk
28.03.2017 15:40
Polish Finance Minister Mateusz Morawiecki said on Tuesday that the country’s economy may grow more than the 3.6 percent expected in Poland’s 2017 budget.
Mateusz Morawiecki. Photo: PAP/Radek Pietruszka
Morawiecki, who is also Poland’s Deputy Prime Minister, was asked during an international Innovators Summit in Warsaw whether Polish GDP growth in Q1 this year would be higher than in the final quarter of last year.
He said the forecasts for the final quarter of 2016 predicted 0.5 percent to 1.5 percent, while growth turned out to be 2.7 percent. “We were the only ones maintaining very high, optimistic forecasts,” he said.
He added that the economy may grow more this year than the 3.6 percent assumption in Poland’s 2017 budget.
Morawiecki added that rating agencies and analysts have been raising their forecasts for Poland recently.
The Moody’s rating agency upgraded Poland’s 2017 GDP forecast to 3.2 percent from an earlier projection of 2.9 percent, according to a report published on Monday.
(pk)
Source: PAP