Wednesday, June 19th, 2013
IMF forecasts 2.4 percent growth for Poland this year
In its latest World Economic Outlook report, the International Monetary Fund predicts that Poland's economy will grow by 2.4 percent in 2012, but will slow down to 2.1 percent in 2013. This would put Poland in seventh place when it comes to the fastest-growing economies in the EU.
Estonia and Latvia are expected to grow the fastest next year, both at 3.5 percent, while Lithuania is forecast to grow at 3 percent.
Globally, the IMF is pessimistic, saying, “The situation in the world's economy has worsened since July 2012.”
The IMF predicts that the global economy will expand by 3.3 percent this year (as opposed to the 3.5 percent it predicted earlier) while 2013 growth is put at 3.6 percent.
RA
From Warsaw Business Journal
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