Republic of Poland: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Poland

July 17, 2017

Preview Citation

Format: Chicago

Republic of Poland: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Poland, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This 2017 Article IV Consultation highlights that Poland’s near-term growth momentum remains strong, supported by accommodative monetary and fiscal policies and sizeable European Union transfers. The economy is operating above potential, with the unemployment rate at a historical low. Growth is projected to accelerate to 3.6 percent in 2017 and remain strong in 2018. Long-term growth, however, will be more subdued, unless adverse demographics and structural constraints on investment and productivity growth are addressed. Risks to the near-term outlook are broadly balanced. Monetary policy remains accommodative, with policy rate kept at a historically low level since early 2015.

Subject: Banking, Economic and financial statistics, Financial institutions, Foreign exchange, Government finance statistics, Inflation, Labor, Labor markets, Mortgages, Prices

Keywords: Accommodative monetary policy stance, Central and Eastern Europe, CR, EU funds, Europe, FX mortgage, GDP, Global, Government finance statistics, Guide inflation expectation, Headline inflation, IMF staff calculation, Inflation, ISCR, Labor markets, Monetary policy, Monetary policy response, Mortgages

Publication Details

Pages:

88
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/220
Stock No:

1POLEA2017003
ISBN:

9781484310304
ISSN:

1934-7685

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