Fitch keeps GDP growth forecast at 4.2% for PolandChristian Fernsby ▼ | August 27, 2019
Fitch kept the GDP growth forecast for Poland at 4.2 percent in 2019 and at 3.5 percent in 2020.
Europe Fitch expects the fiscal deficit to increase significantly in Poland
Topics: Poland GDP Fitch
"Fitch expects the fiscal deficit to increase significantly from 0.4 percent of GDP in 2018 to an average of 2.6 percent in 2019-2020, due to a sharp increase in current expenses related to the fiscal package approved in Q1 2019," the statement said.
Income growth will decline as economic growth will weaken, Fitch added. ■