(Adds details on public debt, GDP)
WARSAW, April 25 (Reuters) - The ratio of Polish public
debt to GDP will be 50.5% in 2023 and will rise to 52.4% the
year after that, and subsequently to 53.6% in 2025, Deputy
Finance Minister Piotr Patkowski said in an interview published
on Tuesday by Rzeczpospolita daily.
Patkowski also said that the assumptions in the convergence
plan it sends to the European Commission every year, also
assumes that in 2023 real GDP growth will amount to 0.9%.
"... in the following years it will accelerate to 2.8%, 3.2%
and 3% in 2026," the deputy finance minister told
Rzeczpospolita.
Patkowski said that in 2023 the deficit of the public
finance sector will amount to 4.7% of GDP, and in the following
years it will fall to 3.4% in 2024 and to 2.9% in 2025 and 2026.
The finance ministry also predicts that in 2023 the average
annual inflation will be 12%, in 2024 6.5%, in 2025 3.9% and
3.1% in 2026, Patkowski said.
(Reporting by Pawel Florkiewicz; Editing by Jacqueline Wong)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.