“It will be a breakthrough year.” The Minister of Finance believes in a rapid growth of GDP
On Wednesday, the tenth edition of the Impact'25 Congress began. Among the guests was, among others Minister of Finance Andrzej Domański, who, despite many adversities, constantly maintains the optimistic forecast of the growth of the Polish economy this year.
“We estimate that the growth rate of GDP in 2025 will be closer to 4 percent.” – admitted the minister. During the panel entitled” The Polish economy against the background of a dynamically changing Europe “emphasized that the coming months would be crucial.
“It will be a year of breakthrough, a year of change, the time in which Europe is responsible for its safety” – argued Andrzej Domański.
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In his speech, he referred to the trade war unleashed by the US President. This is a revolution that – according to the minister – “ends the era of naive globalization.” He talked about the need to intensify investments that would drive European prosperity.
“Economic growth must cease to be just a bit of a side effect of ambitious European policies. It is to serve society, serve the economy and must be the goal of ourselves. For this, we need our own technological competences, modern industry and efficient mechanisms of financing innovation. We need strategic independence. And Poland is a great example of an example of positive changes,” said the minister.
Andrzej Domański maintains earlier declarations on the growth of Poland's GDP this year at 3.9 percent. Pursuant to the Budget Act for 2025, GDP growth is to amount to 3.9 percent. and average annual inflation 5 percent The budget revenues are to amount to PLN 632.6 billion, expenses will not exceed PLN 921.6 billion, and the budget deficit will reach PLN 289 billion.
Most international institutions do not share this optimism. On Tuesday, the European Bank of Reconstruction and Development (EBOIR) reduced the forecast of Poland's economic growth in 2025 by 0.1 points. percent up to 3.3 percent A week earlier, the S&P Global Ratings agency estimated Polish GDP in 2025 at 3.1 percent.
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The reference point for the results of this year is the amount 3 trillion PLN 641.2 billion – That's all according to the CSO respect, the value of the gross domestic product in 2024.
