IMF sees Poland's GDP growth at nearly 4% in 2012-2013.

By bne IntelliNews January 25, 2011
Poland's economic growth will likely moderate slightly in 2011 and then stabilize at close to 4% in 2012-2013, the International Monetary Fund (IMF) said in its report on prolonging Poland's flexible credit line. "Growth is expected to remain largely driven by domestic demand, as EU-funded public investment increases, and a pick-up in credit growth and improved corporate profitability boost private fixed investment," the release reads. In November, the IMF raised Poland's GDP growth forecast to 3.50% in 2010 and further to 3.75-4.00% in 2011. In early October, the Fund increased its forecasts for Poland to 3.4% (from July's 3.1%) and to 3.7% (from 3.5%), respectively. ISB

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