Economy
19:20 21 January 2025
Post by: WBJ

IMF review on Polish economy: GDP will grow in the coming years

IMF review on Polish economy: GDP will grow in the coming years
Source: Pexels

The International Monetary Fund (IMF) has completed its review of Poland's economy, projecting a 3.5% GDP growth in 2025, supported by EU funds and private investment. Growth is expected to stabilize at 3.5% through 2026 but slow to 2.7% by 2029. Inflation is forecasted to decrease, creating room for gradual interest rate cuts of 50-100 basis points in 2025.

The report highlights challenges with public debt and fiscal deficits, recommending tighter fiscal policies, social spending control, and fostering private investment. Poland’s public deficit is expected to decrease from 5.9% in 2024 to 4.9% by 2026. The IMF emphasizes that Poland must reduce its deficit to 3.5% by 2029 to comply with EU regulations.

(wnp.pl)


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