Economy
21:31 16 May 2022
Post by: WBJ

Poland may enter technical recession in 2-3 quarters

Poland may enter technical recession in 2-3 quarters
Source: Pixabay

Poland may enter a technical recession in 2-3 quarters, according to Paweł Borys, the CEO of the Polish Development Fund (PFR).

"The performance of the economy will be a little better this year, a little worse next year. We may enter a technical recession in 2-3 quarters. Policy has to be balanced – inflation has to be fought, but fiscal policy has to ensure a soft landing. The coming months will be a balancing act between a severe and a milder economic slowdown," Pawel Borys said during a conference of the Chamber of Brokerage Houses. 

(PAP


poland
pfr
paweł borys
recession

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