IMF forecasts reflect strength of Polish economic policies: PM

Prime Minister Mateusz Morawiecki said on Thursday that a new set of IMF forecasts for Poland highlighted the effectiveness of his government’s economic policies.

PM Mateusz Morawiecki.

PM Mateusz Morawiecki.Photo: PAP/Marcin Obara

“The International Monetary Fund has raised the forecast for Polish GDP growth in 2019 from 3.5 to 3.8 percent, and also lowered the CPI inflation forecast to 2 percent,” Morawiecki wrote on Twitter.

“And the unemployment rate will be at a record low. This is further proof that our policies support dynamic economic development,” he added.

In its latest World Economic Outlook report, published on Tuesday, the International Monetary Fund (IMF) revised upwards the forecast for Polish GDP growth in 2019.

The report authors added that they expected the Polish economy to expand 3.1 percent in 2020.

According to the IMF, Polish GDP growth this year is set to be the highest in the region.

Meanwhile, the IMF said it expected unemployment in Poland to fall to 3.6 percent in 2019 and 3.5 percent in 2020, down from 3.8 percent in 2018.

(pk/gs)

Source: PAP

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