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

International Monetary Fund

No 2010/207, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; Poland; government; GDP; macroeconomic performance; successor arrangement; medium term deficit objective; limit government debt; staff appraisal; Credit; Debt service; Real interest rates; Global; Europe (search for similar items in EconPapers)
Pages: 41
Date: 2010-07-13
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