Morningstar DBRS confirms Poland at A
Morningstar DBRS confirmed Poland's long-term foreign and local currency issuer ratings at A, the agency said in a statement.
The trend on ratings is stable.
"The stable trend reflects Morningstar DBRS’ view that Poland's economic outlook remains sound over the medium-term, notwithstanding the stronger external headwinds from tariffs and subdued demand from key European trading partners", the agency said.
"Over the next few years, Poland’s economy is set to benefit from the resumption of EU transfers and robust domestic demand. The latter will be supported by continued strong real wage growth and high public spending. The fiscal deficit is set to remain wide over the forecast horizon, with the anticipated consolidation path slowed by structurally higher defense and social expenditure. The IMF projects Poland’s fiscal deficit to remain over 6% of GDP this year. Still, we expect the country’s debt burden to remain at an overall moderate level over the medium-term", the statement reads.
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