Morawiecki: Polish GDP up to 3.5% in 2016

Poland's GDP may grow by 3.4 - 3.5 percent in 2016, announced Deputy Prime Minister and Development Minister Mateusz Morawiecki on Friday. "There is a chance to exceed 3.5 percent in GDP growth in Q3 - Q4 2016, and this would mean a GDP growth of 3.4-3.5 percent in total in 2016," Morawiecki proclaimed. Last week, the Ministry of Development has lowered a GDP growth forecast for 2016 from 3.8 percent to 3.5 percent. According to the Central Statistical Office (GUS), Polish GDP grew by 3 percent in Q1 2016 and by 3.1 percent in Q2 2016.