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IMF raises growth expectations for Poland, global economy

18th April 2012
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In its April Global Economic Outlook report, the IMF has raised growth expectations for Poland in 2012 from 2.5 percent to 2.6 percent and it expects the Polish economy to expand by 3.2 percent next year.

The IMF is also slightly more optimistic about the global economy which it expects to grow by 3.5 percent this year and 4.1 percent in 2013. Last year, the global economy expanded by 3.9 percent.

Meanwhile, the euro zone, a key trading partner for Poland, is expected to expand by 2.1 percent this year.

“Policy has played an important role in recent improvements, but various fundamental problems remain unresolved,” the IMF wrote in the report.

RA


From Warsaw Business Journal


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