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POLAND

Poland has shown remarkable resilience to the global financial crisis, and in 2009 it was the only EU country to avoid a decline in economic activity. Poland grew by 1.7 percent, while the EU declined by 4.2 percent. Poland remained one of the fastest growing EU economies in 2010, with real GDP growth at 3.8 percent, which is expected to stabilize at around 4 percent over the next few years. However, Poland has not been immune to the recent escalation of the Euro area debt crisis and worries about the global economic slowdown, which could affect Poland’s economic prospects. As outlined in the World Bank’s Country Partnership Strategy Progress Report (CPSPR), the World Bank maintains a strong focus on helping Poland make the most of its EU membership. The CPSPR proposes knowledge and advisory services to be delivered in part through fee-based service, complemented by a lending program at around US$1 billion per year, expected to gradually decline. It also aims to assist Poland in strengthening national and subnational institutions and capacity. Further, it places a greater emphasis on bolstering Poland as a global partner, not necessarily for just financing but for the knowledge Poland can share with the region and the rest of the world. In this respect, the Bank will also support Poland in its emerging role as a donor, and during its EU Presidency.

Active financed activities as of March 28, 2012.
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