Food exports to grow by 8% this year – IERiGŻ

According to the experts from the Institute of Agricultural and Food Economics (IERiGŻ), food exports will grow by 8 percent this year and reach €26.3 billion. In the same period, imports will grow by 5.9 percent to €18.3 billion, meaning that the trade surplus will reach €8 billion, compared to €7 ...

IMF raises its GDP growth forecast for Poland

The International Monetary Fund has increased its forecast for Poland’s GDP growth by 0.4 percentage points to 3.8 percent for 2017. Next year the growth will slow down to 3.3 percent (from 3.2 percent previously forecasted).

NBP reserves grow in September

Poland’s Central Bank’s (NBP) reserves stood at €94.36 billion at end-September and were €2.2 billion higher than last month, according to the NBP’s official reserve data. Reserves denominated in USD have increased by $1.7 billion to $111.35 billion.

MF sells PLN 6.82 billion bond swaps

The Ministry of Finance sold PLN 6.82 billion worth of bond swaps on auction on Thursday, in return it acquired PLN 6.63 billion worth of bonds maturing next year.