Polish Economy to Grow at Least 0.7% This Year, Rostowski Says
Poland’s economic growth will be at least 0.7 percent this year and will sustain that rate or accelerate in 2010, Finance Minister Jacek Rostowski said.
“GDP growth won’t be less than 0.7 percent in 2009, although we hope for more,” Rostowski said today in comments confirmed by ministry spokeswoman Alina Guzinska by telephone. “In 2010, economic growth will at least match that in 2009.”
The forecast compares with a July government projection of 0 car loan.2 percent growth this year and 0.5 percent in 2010.
Poland’s economy expanded by an annual 1.1 percent in the second quarter, according to data published by the Central Statistical Office yesterday. That makes it the European Union’s only eastern member to escape a recession since the credit crisis began.