Morawiecki: GDP growth will fluctuate around 3% this year 

Deputy Prime Minister, Minister for Development and Finance Mateusz Morawiecki said today that economic growth this year will fluctuate at around 3 percent. According to the minister, data on exports has been inflated by as much as PLN 30 billion per year in recent years and therefore he has recommended a revision of GDP growth for 2014 and 2015. "It's not speculation, it is very simple mathematical data. The Ministry of Finance has estimated the effect of fictitious exports of electronics. In the last 2.5 years, fictitious exports of electronic devices - cell phones, hard drives and other such items - is estimated to be up to PLN 30 billion," Morawiecki pointed out. In October of 2016 the Central Statistical Office reported that economic growth in Poland (seasonally unadjusted) amounted to 3.9 percent in 2015 compared to 3.3 percent in the previous year.