Poland's economic growth will likely accelerate to 3.1% in 2010 and to 3.9% to 2011 from last year's 1.7%, sustained by infrastructure investments, partly financed by EU funds, and driven to some extent by the 2012 football championship, the Organisation for Economic Co-operation and Development (OECD) has said in the autumn edition of its Economic Outlook . Thus, it has upheld its forecast from the May edition of the Outlook . After bottoming in the summer of 2010, inflation is projected to rise, pointing to the need for an early start to monetary tightening , given the long lags involved, the OECD also said. The general government deficit is likely to reach nearly 8% of GDP in 2010, up from 7.1% in 2009, the organisation deems. Announced measures will bring the budget deficit to below 7% of GDP in 2011. Capping public spending along with tax hikes should help to bring public finances a step closer to a sustainable path in 2012, it also said in the report. tom
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