PFR’s Raczyński: Poland’s GDP growth will remain at least around 3%
21:16
Poland's GDP growth is expected to remain around 3%, according to Mikołaj Raczyński, Vice President of the Polish Development Fund (PFR). While certain sectors face challenges such as rising energy costs, supply chain disruptions, and the war in Ukraine, the economy continues to recover moderately without a major downturn. Employment remains stable, and economic growth is steady but not rapid due to the lingering effects of the COVID-19 and energy crises.
Raczyński notes structural changes in the economy, including demographic shifts and declining fertility rates. Although retail sales have weakened, services, such as foreign travel, show resilience. The release of EU recovery funds (KPO) is anticipated to drive investments and boost GDP. However, achieving the inflation target of 2.5% remains challenging, influenced by global and domestic factors, including U.S.-EU trade relations and geopolitical developments.
