Locked content Poland falls to 33rd place in “Doing Business” ranking

Poland fell to the 33rd position in the “Doing Business” ranking – according to a report published by the World Bank. A year ago, Poland held the 27th place. “Poland has complicated the tax system by introducing the requirements for monthly reporting of VAT refunds, extending...

World Bank raises Poland’s GDP growth forecast

The World Bank expects Poland’s GDP growth of 4.7 percent this year and of 3.9 percent in 2019. This is 0.5 percentage points higher for 2018 and 0.2 percentage points higher for 2019 compared to the April’s forecast.

Locked content World Bank board supports new strategy for Poland

Reforms of the health care system, improvement of air quality,  and support of regional development are the key areas of the six-year World Bank Group strategy for Poland. Poland has achieved the status of a developed country in the last decade, growing at an average rate above 3.5 percent GDP,  whi...

Locked content 38% of Poles still live in rural areas – World Bank

The Polish economy has achieved a success, but the one aspect in which it is lagging behind Western Europe is the percentage of the population living in rural areas, said Hans Timmer from the World Bank at a panel discussion organized by the National Bank of Poland. In Poland, 38 percent of the popu...

Locked content Good news for economic growth for Poland – World Bank

The World Bank released its Global Economic Prospects report on Wednesday, and it had a positive growth forecast for both Poland and for the global economy for the year ahead. It said that Polish economic growth will accelerate to 3.1 percent, from 2.5 percent in 2016. Also, it indicated that the gl...

Locked content Poland’s tax system has improved – World Bank

A rankings report co-authored by the PwC and the World Bank has indicated that the level of tax complexity in Poland has improved for the better, in comparison to 2015, according to a report on Monday in the Polish press. The rankings evaluation, which was entitled, ‘Paying Taxes 2017,’ saw Po...