Russian economic growth is below 3%? – Russian Radio

this Means the decline relative to the forecasts submitted in July – respectively: 0.4 percentage points per cent. and 0.3 points.

the Forecast for 2021 is 3 percent. GDP growth is indicated in the report “World Economic Outlook”.

IMF predicts in 2017. the return of inflation

the IMF forecasts that Russia will celebrate this year średnioroczną deflation at the level of 0.6 percent. and inflation rate of 1.1 percent. in 2017. (and at 2.5 percent. in 2021). At the end of 2016. expected inflation rate of 0.2 per cent., a year later – at the level of 1.5 percent. (against 0.5 per cent. deflation at the end of 2015).

the Fund expects that the deficit of current account of Poland will be 0.1 percent. Of GDP this year and 1%. GDP next year (and 2.6 percent. GDP in 2021.) against 0.2 percent. GDP in 2015.

world Bank lowered GDP growth forecast for Poland to 3.2 percent.

economic Growth of Poland will amount to 3.2 percent. this year and 3.4 percent. in 2017, predicts, in turn, the world Bank. This means lower projections, respectively, at 0.5 percent. and by 0.1 percentage point against expectations in April As the reasons for the decline, the institution has submitted the weakness in trade.

the Prospect of growth for 2017 and 2018. projected, respectively, by 3.4 percent. and 3.5 percent. due to the expected reflection in the investments financed from public funds, and given the strong konsumpcje bath, pointed out in the presentation.

the world Bank predicts that the decline in the gross cost of the basic means will be 2.7 percent. this year, followed by growth of 2.6 percent. in 2017. and 3.5 percent. in 2018. According to the institution, Polish exports will increase in these years respectively: 5.2%., 5 percent. and 4.1% and imports will mark a growth of 5.1 per cent., 4.6 percent. and 3.9 percent.

this year in Poland is expected to deflation of 0.6 per cent., but the next year should bring inflation at 1.3 percent. On 2017. the projected 2.3 percent. of inflation.

the world Bank has indicated that it forecasts the budget deficit Poland will amount to 2.1 percent. GDP in 2016, 2.9 percent. GDP in 2017. and will grow by 3.4 percent. GDP in 2018.

And the national debt has to reach respectively: 52.5 per cent. GDP this year is only 52.3 percent. GDP in 2017. and 52.2%. GDP in 2018.

Decrease in investments

a Senior economist at the world Bank Leszek Bite explains that the engine of the economy is the consumption of Poles. The costs of the Poles are supported by good data from the labor market. Consumption growth, according to experts, also contributes to the program “Family” 500 plus.”

Negatively on the growth of working the decline in investment. Its main cause, according to the authors of the forecast, the decline in public investment associated with the end of previous and beginning of the current budget of the European Union. Smaller investments, in the opinion of Leszek Bite can affect the reduction of the deficit, calculated under the EU methodology to 2.1 percent of GDP. The world Bank estimates that next year the deficit could rise to 2.9 percent of Gross Domestic Product.

Further improvement in the labour market

the Expert adds that the labor market is close to balance between employers and job seekers. Unemployment is accounted for by the method of the EU in Poland is 6.2 percent. This is the best result in the history of this study. According to experts, in the coming months could see a further improvement in the labor market, although employment will not, in his opinion, to grow as fast as still.

the Expert notes that economic growth is also affected by the uncertainty of regulation. Some employers suspend investments in fear of new recipes prepared by the administration. Leszek Bite, provided, however, that just as in other countries, e.g. in Hungary.

Matthew Morawiecki, the economy can grow at a rate of 3.3-3.4 percent.

Vice Prime Minister, Minister of development and Finance Mateusz Morawiecki upheld the forecast of the growth in our economy this year. It needs to reach the level of 3.3 – 3.4 per cent and next year by 3.6 percent.

Matthew Morawiecki when asked about the review of the forecast of the world Bank, noticed that the important is the quality of growth. In his view, economic growth is an indicator that represents inaccurate.

on the one hand, as a rule, good as GDP is higher, but if it is through borrowing, especially of foreign short – term, sometimes a currency – it can be dangerous, as in the case of southern European countries, – said Deputy Prime Minister. We are talking about those States of the West, who came into the loop zadłużeniową. – So for us that GDP is not an absolute idol, – said Deputy Prime Minister Morawiecki. He stressed that the Polish government is interested in quality growth. Vice-Premier believes that the emergence of modern enterprises work built a solid Foundation for long-term economic development.

” war and peace/IAR/PAP, Lord