WB Forecasts 2% GDP Growth in Poland
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The World Bank in its newest report on the state of Poland's economy forecasts a 2 percent GDP growth in 2009, local media reported on Friday.
"A 2 percent increase of the GDP in 2009 is attainable," said Thomas Laursen of the World Bank presenting the report for Poland and the Baltic states on Friday.
According to Laursen, Poland is in the best fiscal and financial situation among all new EU countries.
Compared to the remaining countries in the region, Poland has a more balanced growth, also thanks to private consumption which is one of the factors contributing to economic growth, the World Bank official was quoted by Polish news agency PAP as saying.
The report also notes that government's determination to stick to budget discipline is an important anti-crisis factor.
(Xinhua News Agency February 21, 2009)