WARSAW: Though there are various factors that could adversely affect the country’s economy in 2017, the year may see an improvement in terms of Poland’s economic environment. “In particular because the zloty in 2017 is likely to remain relatively weak, which will increase the competitiveness of our goods and services on foreign markets,” said Piotr Bujak, chief economist at PKO Bank Polski.
Some experts have said that the zloty and the Polish economy suffered somewhat last year as a result of market worries over political instability in Poland. 2017 will see external events that could affect the country’s economic situation.
Monika Kurtek of Bank Pocztowy told Polish Radio: “On 20 January President elect Donald Trump will inaugurate his term, and his policy remains vague (…) In the next months the process of Brexit will probably start.” In addition, “on 13 January decisions on Poland’s economic outlook will be announced by two rating agencies [Moody’s and Fitch],” Kurtek said.
