Poland: inflation to fall next year

Poland’s inflation rate is likely to fall in 2023, a deputy finance minister has said. Artur Sobon said on October 5 that the 2023 budget was based on an average annual CPI (Consumer Price Index) assumption of nearly 10% but “forecasting is extremely difficult in these conditions”. He said that some factors, such as an…

Poland: GDP to grow in 2023

Poland’s GDP should rise by 1.6% in 2023 after a 4% growth in 2022 and against a 3.6% forecast earlier, the World Bank has said in a report. “Poland’s economic growth is expected to slow down in 2023 more markedly than initially expected because the continuing war in Ukraine has dimmed prospects of a post-pandemic…

Ukraine: PM and USA ambassador discuss financial support

Prime Minister Denys Shmyhal and US Ambassador to Ukraine Bridget Brink discussed further financial support for Ukraine. The Ukrainian prime minister wrote this on Twitter. “Discussed with US Ambassador to Ukraine Bridget Brink steps of further US support for Ukraine. Among them are the following: financial assistance, confiscation of russian assets, recovery of Ukraine. We…