The Polish economy will continue to grow and inflation will gradually fall to a single-digit level towards the end of this year, deputy finance minister has said.
Artur Sobon told a press briefing during the European Economic Congress in Katowice on April 25 that the economic slowdown was present throughout Europe this year.
“However, all the fears that we will have to deal with inflation of over 20%, that we will have to deal with a recession, that there will be a breakdown of the Polish economy are worth nothing today. Nothing like that will happen,” Sobon said.
He added that “inflation will fall systematically each month so as to reach a single-digit level already this year”.
Sobon said that over the last four years, aside from Ireland, Poland was the fastest growing economy in the European Union.
He said that the Polish economy “will quickly go back on the path of growth” in 2024.
“The next year will be a year of more visible economic growth and return to the situation we know,” Sobon said. (PAP/Business World Magazine)