Fitch keeps GDP growth forecast at 4.2% in 2019

Fitch kept the GDP growth forecast for Poland at 4.2 percent in 2019 and at 3.5 percent in 2020. In 2021, the agency sees GDP growth at 3 percent. "Fitch expects the fiscal deficit to increase significantly from 0.4 percent of GDP in 2018 to an average of 2.6 percent in 2019-2020, due to a sharp increase in current expenses related to the fiscal package approved in Q1 2019," the statement said. Income growth will decline as economic growth will weaken, Fitch added.

(money.pl)