The International Monetary Fund (IMF) said on Tuesday it expects strong economic expansion for central European heavyweight Poland in 2017, but identified controversial domestic policies and slow eurozone growth as downside risks later on. Growth would accelerate to 3.7% in 2017 from an estimated 3.5% this year, thanks to “strong private consumption supported by the new child benefit scheme, before moderating over the medium term”, the IMF said in a report following an annual consultation. The IMF’s growth estimate for this year is slightly weaker than the Polish government’s own forecast of 3.6%. The IMF cautioned, however, that “financial market volatility and a marked slowdown in emerging markets could propagate into Poland”.
Published in The Express Tribune, July 6th, 2016.
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