Positive Foreign Investor Attitude and EU Funds Boost Poland's 3% GDP Growth Forecast

Karen Vartapetov, Chief Analyst for CEE & CIS Sovereign Ratings at S&P Global Ratings, cites foreign investors' positive stance on Poland, evident in strong demand for government Eurobonds and expected EU funds inflow, as supportive of the country's forecasted 3% y/y GDP growth in 2024. While acknowledging Poland's contentious environment, Vartapetov emphasizes the optimistic indicators from investor confidence and fund flows. Anticipating the unlocking of recovery and resilience funds by the new government, he envisions renewed foreign direct investment inflows, reinforcing the GDP growth projection. S&P Global Ratings estimates a 3.1% y/y GDP increase for Poland in 2024.