The Warsaw Voice » Business » News - April 25, 2018
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Finance Ministry forecasts
The Polish government eyes reducing its general government deficit from 2.1% of GDP in 2018 to 1.5% in 2019 and 1.1% in 2020, the Finance Ministry said of forecasts contained in country's convergence program.
The forecasts are based on assumption of 3.8% GDP growth in both 2018 and 2019, then a slowdown to 3.7% in 2020 and 3.6% in 2021.
Inflation is seen approaching the 2.5% target gradually and reaching it in 2020-2021.
The unemployment rate will slide further to 4.2% by the end of 2018 and 3.9% as of the end of 2019, the ministry analysts predict. In the long term, that jobless rate may fall to as low as 3.3%.