Poland is on track to graduate from the World Bank’s main development loans programme, marking a new milestone in the transformation of central and eastern Europe’s largest economy.
The World Bank’s board approved on Tuesday a new country partnership framework for Poland that runs until 2031 and is set to end regular lending to the EU member state at the end of this period.
The move comes as Poland cements its place among the EU’s strongest economies, with growth this year expected to be three times stronger than the bloc average. Poland’s unemployment rate is also among the lowest in the EU.
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