IMF warns gov't to fight unemployment, inflation and current account deficit

The delegation of the International Monetary Fund (IMF), which is currently staying in Poland, said the Polish economy is moving in the right direction. "However, inflation, unemployment and the current account deficit are the main source of worry in the economy and if the government doesn't deal with the problem the forecast gross domestic product (GDP) increase of 5.5% in two years time may not be feasible," said the deputy head of the European department of the IMF Susan Schadler. According to the IMF, inflation will drop to 7-7.5% this year from 9.8% at the end of 1999. (Gazeta Wyborcza, page 29) A.Z.