Poland's GDP to grow by 4.7 pct in 2018: World Bank report

Source: Xinhua| 2018-10-18 02:16:56|Editor: Mu Xuequan
Video PlayerClose

WARSAW, Oct. 17 (Xinhua) -- Poland's GDP growth is expected to reach 4.7 percent in 2018, 3.9 percent in 2019 and 3.6 percent in 2020, the World Bank wrote in a Wednesday-published report, raising its April respective estimates of 4.2, 3.7 and 3.5 percent.

Poland's budget deficit may reach 1.6 percent in 2018 and get closer to 2 percent by 2020, mainly due to growing welfare expenditures and the lowering of the retirement age.

The growth will continue to be supported by private consumption and investment as well as government spending, according to the World Bank.

In August this year, Polish Investment and Development Minister Jerzy Kwiecinski said that in the third quarter of 2018, solid GDP growth should be expected in the region of 4.5-5 percent.

In his assessment, the positive trend will be maintained in the second half of the year. Stablisation of the growth rate at 4.5 or even 5 percent of GDP would be, the minister believed, desirable for the economy.

"On the one hand, it shows that the growth is sustainable, driven by three engines -- consumption, investment and export -- while on the other, it guards against the situation overheating and allows the economy to be maintained on the path of sustainable development," Kwiecinski said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091375399611
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
久久综合香蕉久久久久久久 | 在线亚洲精品国产二区图片欧美 | 午夜天堂亚洲精品在线 | 日本片高潮在线观看 | 在线观看国产激情免费 | 中文字幕高清色婷婷视频网 |