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Home >> Business
UPDATED: 08:12, December 30, 2006
Poland's GDP growth at 5.2-5.5 percent in 2006: Economy Minister
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Poland's Gross Domestic Products (GDP) growth would exceed 5.2 percent and could even reach 5.5 percent in 2006, Polish Economy Minister Piotr Wozniak told a press conference on Friday.

According to Wozniak, Poland's export growth would exceed 20 percent year-on-year in 2006, with a value standing at around 100 billion euros (130 billion US dollars). Such a trend would continue next year, the economy minister added.

After the first six months of 2006, Poland's foreign investments totaled 5.4 billion dollars and that they could reach 10 billion dollars at the end of the year, the Polish News Agency (PAP) quoted Wozniak as saying.

He also said that at the end of 2007 Poland's unemployment rate would likely fall to 14 percent from the current 14.8 percent, which is a sign of a better economy.

The minister stressed that the national economy was developing fast and added that forecasts for 2007 were very optimistic.

Source: Xinhua


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