S&P forecasts that Poland’s GDP will increase by 3.4 percent in 2019 and by 3 percent in 2020. The deficit of the public financial sector will be 1.5 percent of GDP in 2019 and 2 percent in 2020.
The agency, one of the “big three” rating companies also presented the first forecast for 2021 – according to them, Poland’s economy will maintain its level of growth and deficit level from 2020.
From among the three largest rating agencies, Poland’s creditworthiness is rated highest by Moody’s – level “A2”. Poland’s rating according to Fitch and S&P is “A-“, which is one level lower than Moody’s. The forecasts of all the grades are stable.
The next ratings of S&P will arrive mid-April and mid-October 2019.
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