GDP

Economy

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The International Monetary Fund’s mission carried out an assessment in Warsaw on 14-24 March under Art. IV of the of the IMF Articles of Agreement. The mission pointed to the most important problems of the Polish economy and presented related recommendations. The Fund’s delegation pointed out that the most important challenge is to bring inflation down to the target (which upper band of deviations is 3.5%). Therefore, it becomes necessary to tighten fiscal policy this year.

Economy

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Mateusz Morawiecki, during the recent press conference “Stable public finances in unstable times”, bragged that under the rule of PiS’ government “the [public] debt in relation to GDP will fall” and it will be the case “despite gigantic expenses during the pandemic, despite huge expenses on the anti-inflation shield.” He stressed that “there are no catches here, there are no special operations.”