Poland needs to foster investment and continue fiscal reforms to keep its economy in high gear, Economy Minister Jerzy Hausner said on Friday
Published:
24 October 2004 y., Sunday
Poland needs to foster investment and continue fiscal reforms to keep its economy in high gear, Economy Minister Jerzy Hausner said on Friday. Hausner said economic growth in the European Union largest newcomer would undoubtedly exceed the government’s 5.7 per cent forecast this year and might top the 5 per cent projected for next year if investments pick up.
"There are not many risks for the economy, but it does not mean that one should do nothing. Time is working for the benefit of Poland’s economy but only if we keep doing what we have started,"Hausner told Reuters in an interview. "Poland’s main problem now is investments — further economic progress hinges on their growth. Another problem is sticking to financial discipline and this is where we begin to touch on questions of political risk," he said.
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