Republic of Poland: Staff Report for the 2012 Article IV Consultation

July 5, 2012

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Format: Chicago

Republic of Poland: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 22, 2024

Summary

This 2012 Article IV Consultation discusses that the economy of Poland fared well throughout the crisis. The growth was robust and well balanced in 2011. The banking sector remained profitable and well capitalized. Declining provisioning boosted profitability and the average capital adequacy ratio remained high at about 13 percent. Executive Directors have commended the authorities for sound macroeconomic management, which has underpinned the good performance of the Polish economy in a challenging environment. Directors have broadly supported the ongoing fiscal adjustment, which is necessary to rebuild fiscal buffers.

Subject: Banking, Commercial banks, Currencies, Economic and financial statistics, External debt, Financial institutions, Government finance statistics, Money, Public debt

Keywords: Agreement, Asset consolidation exercise, Central and Eastern Europe, Commercial banks, CR, Currencies, Eastern Europe, Emergency liquidity support, Europe, Global, Government finance statistics, ISCR, Staff appraisal, Swap agreement, Swap transaction, Swiss franc

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/162
Stock No:

1POLEA2012002
ISBN:

9781475506532
ISSN:

1934-7685

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