Polish investment minister confident about GDP target
PR dla Zagranicy
Paweł Kononczuk
10.03.2018 08:30
Poland’s investment and development minister said on Friday that the government’s targets for GDP and investment growth would “without a doubt” be met this year.
Image: geralt/pixabay.com/CC0 Creative Commons
Jerzy Kwieciński said: "We have a plan that is quite conservative in terms of both growth in investment and economic growth. Without a doubt we will achieve our goals for this year."
Poland’s budget for this year is based on assumptions that GDP will increase by 3.8% and investment by 7.6%.
The European Commission said in a report published on Wednesday that it expects Poland’s real GDP to grow by 4.2% in 2018 and 3.6% in 2019. Those rates would be among the highest in the EU.
The Polish economy grew 5.1% in the final quarter of 2017, according to the country’s Central Statistical Office (GUS).
GDP growth for the whole of 2017 was 4.6% while investment in the final quarter rose 11.3%, the office said.
(pk/gs)
Source: PAP