Republic of Poland: 2013 Article IV Consultation

Publication Date:

July 23, 2013

Electronic Access:

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Summary:

This staff report for the Republic of Poland’s 2013 Article IV Consultation highlights economic development and policies. The current account in 2012 was primarily financed by EU transfers and foreign direct investment (FDI), notwithstanding a reduction in net FDI inflows. Moderate outflows from the domestic banking system were more than offset by strong portfolio inflows into the government bond market. The current account deficit and real effective exchange rate are broadly in line with medium-term fundamentals and desirable policies according to the External Balance Assessment models. The largely foreign-owned banking system has remained well-capitalized, profitable, and liquid.

Series:

Country Report No. 2013/219

Subject:

English

Publication Date:

July 23, 2013

ISBN/ISSN:

9781484345078/1934-7685

Stock No:

1POLEA2013002

Pages:

73

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