On March 27th, Fitch Ratings announced that Poland will “relatively resist” to the COVID-19 pandemic. 

The pandemic will have a negative impact in 2020, but they expect a recovery in 2021. 

Before the epidemic, the expected economic growth was 3.3% but now the forecast is 1.8%. The after crises should be better with personal consumption and investment rebound, the economy should increase to 3.2% in 2021.

The Poland’s fiscal deficit it should increase from 1,5% to 5% of the GDP this year with a general government debt to GDP ratio from 50.3% in 2019 to 54.3% in 2020, but will decline to 52.1% in 2021.