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Poland is ready for global economic slowdown - official

August 22nd, 2019

"Poland is ready for a global economic slowdown," Deputy Finance Minister Leszek Skiba told the Dziennik Gazeta Prawna daily on Thursday. "Poland's GDP growth should visibly drop to below zero to make our deficit come close to the EU limit." Asked whether forecasts of a 4-percent GDP growth this year and a 3.7 percent increase next year, envisaged in the 2020 budget draft, are feasible in view of the worsening economic sentiment abroad, Skiba answered that "we have been watching what is going on in the world, especially in the euro zone, including Germany." "At the moment, there is no strong influence of the German slowdown on the Polish economy since Poland has its own growth driving engines."


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