IMF revises economic forecast for Poland

International Monetary Fund estimated that the Polish economy will grow by 3.5 percent this and the next year. In January, the forecast assumed an increase of 3 percent and 3.3 percent in 2015 and 2016 respectively. "When it comes to the projected growth, Poland is doing very well, compared with the other European countries," said Aqib Aslan from the IMF at the Wednesday's presentation of World Economic Outlook at the NBP home office in Warsaw. Forecasts for Poland are better than those for the Czech Republic, Slovakia and Hungary, he added. The Polish Ministry of Finance announced on Tuesday that according to its forecast, GDP will increase by 3.4 percent this year, while in 2016 it is to expand by 3.8 percent.