Poland can beat budgeted GDP growth in 2014 - Finance Minister
December 12, 2013
Poland stands chances of recording a higher GDP growth in 2014 than the 2.5% envisaged in 2014 budget bill, while the average annual CPI could turn out lower than 2.4% planned, Finance Minister Mateusz Szczurek told MPs during the second reading of the budget bill.
"The budget ahead of us is not easy but the economy can achieve a higher growth than envisaged," Szczurek said.
"Contrary to the 2013 budget, this budget is safer," he said. "We do not expect that we will fully return to normality, that the unemployment rate will decline to levels which would satisfy this government, but the risk of recession is already behind us."
Minister Szczurek also said that Poland's 2013 budget deficit seen "a few billion zloty lower" than PLN 51.56 billion planned.
The 2014 budget, currently in legislative proceedings, is "safe and it won't be amended," he added.