Scope Ratings lowers its forecast for Poland's GDP growth in '23 to 3.1%
16:17
Scope Ratings has lowered its forecast for Poland's GDP growth in 2023 to 3.1 percent from 3.7 percent, and raised it to 4.9 percent from 4.1 percent for 2022, the agency stated in the report.
According to Scope, Poland is less exposed to disruptions in global supply chains than the other Visegrad countries due to its diversified economy and gas infrastructure, which supports the rating.
Scope expects Poland's public debt to fall to 45 percent of GDP in 2023 from 57 percent in 2020.
Scope's negative outlook on Poland's rating is due to its strained relations with the EU over rule of law issues. Scope rates Poland's creditworthiness at "A+" (fifth from the top on the scale) with a negative outlook.
(PAP)
