Poland expects 6.4% GDP in 2007 - central bank

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Poland can expect 6.4% growth in its GDP in 2007 and 5.5% in the coming years, the National Bank of Poland (NBP) predicted Thursday in its July Report on Inflation.

Growth in Poland will be encouraged by dynamic growth in the global economy and a pick-up in the euro zone amid stable inflation, the National Bank of Poland forecasts. Investment will grow by 20% this year and the dynamic is expected to exceed 10% in the coming years, according to the NBP. Foreign direct investment (FDI) is also expected to remain strong. The central bank also predicts Poland's rate of unemployment will sink from the current 12.4% to 8% by the end of 2009. (monstersandcritics.com)

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