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

January 24, 2013

Preview Citation

Format: Chicago

Republic of Poland: Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director, (USA: International Monetary Fund, 2013) accessed November 23, 2024

Summary

Poland’s economy has recovered well in 2010–11, reflecting strong economic fundamentals and decisive countercyclical policies. Poland’s strong trade and financial links to Europe continue to make it vulnerable to potential shocks from the region. Despite the difficult external environment, the authorities have continued to rebuild policy space to counter adverse shocks. Measures are also being taken to strengthen medium- and long-term fiscal sustainability. The economy is expected to moderate further in 2013. Financial sector policies have helped improve the resilience of the banking system.

Subject: Banking, Commercial banks, Credit, Debt service, External debt, Financial institutions, Money, Public debt

Keywords: Commercial banks, CR, Credit, Debt service, Eastern Europe, Economy well, Europe, FCL arrangement, Global, ISCR, Poland, Poland's economy, SDR, Supervisory authority

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/021
Stock No:

1POLEA2013001
ISBN:

9781475591422
ISSN:

1934-7685

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