Poland's economy to grow 3.6 pct in 2010, 5.9 pct in 2011: report

Poland's economy will grow 3.6 percent in 2010, 5.9 percent in 2011 and 6.5 percent in 2012, the Bureau for Investments and Economic Cycles (BIEC) reported on Thursday.

In the near future domestic and foreign demand as well as investments will continue to be chief factors behind the economic growth, the report said.

BIEC analysts said that in the coming years a GDP growth would be bigger than the one forecast by the government, and that in such situation the threat of exceeding the 55-percent threshold of public debt in relation to the GDP would not be so big.

In early August, the Polish government adopted a multi-year financial plan envisaging a GDP growth of 3.0 percent in 2010, 3.5 percent in 2011 and 4.8 percent in 2012.

Annual inflation is to amount to 2.0 percent in 2010, 2.3 percent in 2011 and 2.5 percent in 2012.
(Source:xinhua)