Gov't approved budget draft for 2016

As the government has approved a budget draft for 2016, Finance Minister Mateusz Szczurek said that the cabinet is "conservative" when it comes to GDP forecasts for this and the next year. The government expects that the economy will grow by 3.4 percent in 2015 and by 3.8 percent in 2016. Szczurek added that the main drivers of growth will be domestic demand, increased consumption an improvement in the labor market in 2016. The budget draft stipulates that annual average inflation will stand at 1.7 percent, employment will grow by 0.8 percent and the unemployment rate will total 9.8 percent.