Republic of Poland: Arrangement Under the Flexible Credit Line: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director the Republic of Poland

July 13, 2010

Preview Citation

Format: Chicago

Republic of Poland: Arrangement Under the Flexible Credit Line: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director the Republic of Poland, (USA: International Monetary Fund, 2010) accessed November 23, 2024

Summary

Poland’s macroeconomic performance was strong in the decade leading up to the global crisis. Poland’s commitments to the EU Stability and Growth Pact helped lower the fiscal deficit and limit government debt. Its strong financial supervisory framework helped foster a well-capitalized banking system. A successor Flexible Credit Line arrangement for Poland will play an important role in supporting the government’s economic policy strategy. Although Poland’s underlying fundamentals remain strong, there are risks to the near-term outlook, considering its large and open capital markets.

Subject: Banking, Credit, Debt service, External debt, Financial services, Money, Public debt, Real interest rates

Keywords: CR, Credit, Debt service, Europe, GDP, Global, Government, ISCR, Limit government debt, Macroeconomic performance, Medium term deficit objective, Poland, Real interest rates, Staff appraisal, Successor arrangement

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/207
Stock No:

1POLEA2010003
ISBN:

9781455202560
ISSN:

1934-7685

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