Polish GDP growth in 2017 may exceed 3.5pct y/y - deputy PM
February 16, 2017
Deputy PM, Finance and Development Minister Mateusz Morawiecki
Poland may enjoy over 3.5% year on year GDP growth in 2017, thanks to a clear acceleration in investments, still strong consumption and public spending as well as rising exports, deputy PM, Finance and Development Minister Mateusz Morawiecki told TV audience.
"We will attain growth perhaps even exceeding 3.5%," Morawiecki said for public news channel TVP Info of 2017 prospects.
Investments will be growing faster than last year and VAT receipts will be higher than in 2016, he also said.
"VAT receipts will be higher, I hope, by at least PLN 10 billion," he said.
The comments followed a flash estimate of Q4 2016 GDP growth at 2.7% y/y, above the Q3 rate of 2.5%.
Poland built its 2017 budget on 3.6% GDP growth.