64% of bankers expect moderate GDP growth over 4 years

Nearly 2/3 of bankers (64 percent)) believe that over the next four years the average annual growth rate of Poland will not exceed 3 percent, while every third indicates that it will be over 3 percent. Bankers' concerns about the possibility of further development of the economy are mainly caused by excessive burdens and a complicated tax system, as well as a lack of qualified staff, according to a study commissioned by the Polish Bank Association (ZBP).
“The analysis of the ZBP based on data from the International Monetary Fund shows that one can be optimistic about the perspective of the next five years of economic development in Europe and Poland. Although the cooling of analysts' sentiment is visible and the EU average is slightly lower than 2.2 percent, forecasts in all countries point to further uninterrupted GDP growth. Poland is still to be at the forefront of countries with the highest GDP growth, although the forecast itself decreased by 0.1 percentage point compared to the previous statement,” the report reads.
 (ISBnews)