Gronkiewicz-Waltz: No recession in Poland; economic growth 4-5% of GDP

She said that NBP analysts maintain the forecast economic growth rate at 4-5% of gross domestic product (GDP). The decrease of the rate is mainly the result of the Russian crisis and a significant drop in exports to Eastern European countries. Gronkiewicz-Waltz said that the Monetary Policy Council (RPP) will not take any "administrative action to weaken the zloty." She added that the flagging zloty is mainly the result of a strong U.S. dollar and a good economic situation in the U.S. In related news, the International Monetary Fund (IMF) does not support the Finance Ministry project to lower corporate income tax to 22%. (Prawo i Gospodarka, pages 1, 7, 12, Rzeczpospolita, page 1)