Polish GDP in 2009 will increase by 1.4%

Posted November 30th, 2009 in Business news by Ela Pawełek-Lubera

Despite deep recession, the Polish economy continues to grow.

According to the OECD report “Economic Outlook” Polish GDP growth in 2009 will amount to 1.4%, next year to 2.5% and in 2011 should reach 3.1%.

OECD report shows that economic growth in Poland is influenced by several factors: the monetary policy, currency appreciation, relatively low dependence on international trade, stable banking sector, low private sector debt, tax reduction, other fiscal measures and additional infrastructure investment financed from EU funds as well as infrastructure projects related to Euro 2012 championships. (OECD)

Source: www.paiz.gov.pl

No comments so far...

Leave a Reply