## Republic of Poland: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Poland

_IMF Staff Country Reports, July 17, 2017_

## Source details

**Canonical URL:** [Republic of Poland: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Poland](https://www.imf.org/en/publications/cr/issues/2017/07/17/republic-of-poland-2017-article-iv-consultation-press-release-staff-report-and-statement-by-45090)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/07/17/republic-of-poland-2017-article-iv-consultation-press-release-staff-report-and-statement-by-45090/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/07/17/republic-of-poland-2017-article-iv-consultation-press-release-staff-report-and-statement-by-45090/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/07/17/republic-of-poland-2017-article-iv-consultation-press-release-staff-report-and-statement-by-45090/bundle-manifest.json)

## Bibliographic details
- Published: July 17, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484310304.002

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### Near-term growth and outlook
- Poland’s near-term growth momentum remains strong, supported by accommodative monetary and fiscal policies and sizeable European Union transfers.
- The economy is operating above potential, with the unemployment rate at a historical low.
- Growth is projected to accelerate to 3.6 percent in 2017 and remain strong in 2018.
- Risks to the near-term outlook are broadly balanced.

### Monetary and fiscal stance
- Monetary policy remains accommodative, with policy rate kept at a historically low level since early 2015.
- Fiscal policy is described as accommodative and, together with sizeable EU transfers, is a key support to demand.

### Structural challenges and long-term prospects
- Long-term growth will be more subdued unless adverse demographics and structural constraints on investment and productivity growth are addressed.
- Structural constraints cited include barriers to investment and limitations on productivity growth (specific measures not detailed on the page).

### Subjects and thematic focus
- Banking
- Economic and financial statistics
- Financial institutions
- Foreign exchange
- Government finance statistics
- Inflation
- Labor; Labor markets
- Mortgages
- Prices

*Republic of Poland: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of Poland*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17220.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17220.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/07/17/republic-of-poland-2017-article-iv-consultation-press-release-staff-report-and-statement-by-45090_