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Persistent link: https://www.econbiz.de/10013168898
This paper discusses Poland's performance under the Flexible Credit Line Arrangement. In recent years, Poland …
Persistent link: https://www.econbiz.de/10011470681
The Polish economy has rebounded strongly, with policy actions limiting the damage from the pandemic-induced recession by supporting employment and avoiding unnecessary bankruptcies. While the pandemic continues to take a toll on lives, the economy has been less impacted by successive waves of...
Persistent link: https://www.econbiz.de/10013168890
COVID-19 hit the economy hard, but a strong recovery is underway. Public debt, already elevated before the pandemic, has increased further. The government has embarked on a reform program 'Europe Now', which aims to arrest outward migration through a sharp minimum wage increase, labor tax wedge...
Persistent link: https://www.econbiz.de/10013168895
After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy … losses of employment and bankruptcies. Following the recession in 2020, Poland is well positioned for recovery. The pandemic …
Persistent link: https://www.econbiz.de/10012439256
The Polish government is making good progress with implementing the ambitious Budget System Reforms (BSR) program, first approved by the Council of Ministers (CoM) in 2016. The government demonstrates a high level of commitment to these reforms and is making significant progress in implementing...
Persistent link: https://www.econbiz.de/10012250462
This paper discusses Poland's Arrangement Under the Flexible Credit Line (FCL) and Cancellation of the Current … Arrangement. The FCL arrangements since 2009 have served Poland well, providing valuable insurance against external shocks. With … the support of the consecutive FCL arrangements, Poland has weathered bouts of market turbulence well, and remains an …
Persistent link: https://www.econbiz.de/10011690783
Poland. Many of the prerequisites for establishing an MTBF have already been satisfied in Poland. The annual budget has a …
Persistent link: https://www.econbiz.de/10011697941
This 2017 Article IV Consultation highlights that Poland's near-term growth momentum remains strong, supported by …
Persistent link: https://www.econbiz.de/10011698150
mitigating policies may not fully offset the demographic headwinds. Poland faces profound demographic changes. The decline of …
Persistent link: https://www.econbiz.de/10011698151