Republic of Poland: 2013 Article IV Consultation

July 23, 2013

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Republic of Poland: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 25, 2024

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.

Subject: Banking, Expenditure, External debt, Financial institutions, Labor, Loans, Public debt

Keywords: Authority, Banking system resilience, Central and Eastern Europe, CR, Debt ratio, Europe, GDP growth, GDP slowdown, Global, ISCR, Liquidity support, Loans, MoF NBP, Product market, Risk burden

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/219
Stock No:

1POLEA2013002
ISBN:

9781484345078
ISSN:

1934-7685

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