
NEWS
29th September 2006 - Polish economic forecasts released
Poland's finance ministry predicts a strong domestic economy through to 2009
According to the ministry's debt management strategy for 2007-2009, Poland's currency, the Zloty, is expected to make gains against the Euro to EUR/PLN 3.82 in 2009. The current EUR/PLN exchange rate stands at 3.98.
GDP growth for 2007 is forecast to be 4.6%, 4.8% for 2008 and 5.0% for 2009.
The budget deficit is expected to fall to 2.4% of GDP by 2009.
Inflation will be in the range of 2.5% in 2008 and 2009, the Ministry says.
Open-market operations interest rates should move in a range between 4.30% - 4.80% over the next three years.
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