Poland to stick to 2012% GDP growth forecast of 4%.

By bne IntelliNews September 27, 2011
Poland's finance minister Jacek Rostowski said the 2012 GDP growth forecast of 4% will not be changed, PAP news agency reported. The country's budget will reach its targets even at a lower 3% growth, but a higher economic growth in 2011 will serve as a stronger base for next year's GDP, Rostowski added. Despite the zloty exchange rate fluctuations, the country will not go beyond its 55% threshold for public debt to GDP ratio. Besides, the weakening of the zloty has nothing to do with the domestic, but with the global economy, the minister explained.

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