14:35 13 October 2021
Investments in Poland will accelerate: World Bank
In the next few years, the revival in investments in Poland will gain momentum, also thanks to the expected financial resources from the European Union budget, the chief economist of the World Bank for Europe and Central Asia Asli Demirgüç-Kunt informed. In her opinion, in order to maintain the competitiveness of Polish companies, it is necessary to continue the transformation to the digital economy.
The economist, referring to the latest World Bank report on the macroeconomic prospects of Europe and Central Asia, pointed out that Poland is a well-diversified economy, which positively distinguishes itself from the countries of the region.
"The Polish economy was relatively resilient to the Covid-19 crisis, and by Q2 2021 production had returned to pre-pandemic levels, in part due to the release of pent-up demand thanks to macroeconomic support. The economic recovery also reflected strong export growth as activity in major trading partners strengthened. As a result, growth forecasts have been revised upwards to 4.5 percent this year and 4.7 percent in 2022,” Demirgüç-Kunt said.
(ISBnews)
