S&P, one of the world’s "Big Three" credit rating agencies, said at the end of last week it was keeping Poland's long- and short-term foreign-currency sovereign credit ratings at A-/A-2, with a stable outlook.
The rating agency maintained the country's local-currency ratings at “A/A-1.”
It predicted that the Polish economy would expand by 0.6 percent this year and 3.1 percent in 2024, Polish state news agency PAP reported.
President Andrzej Duda in the summer signed into law Poland’s revised budget for 2023, which expects the economy to grow 0.9 percent this year.
Poland's gross domestic product grew 0.5 percent in the third quarter of this year, according to a preliminary estimate by the country's statistics agency.
(gs)
Source: PAP, gov.pl