The European Bank for Reconstruction and Development (EBRD) economic report gives Poland high marks, but warns there is still much to do. It stressed that the country should focus more on attracting FDI and creating new jobs.
According to EBRD economists, Poland made far too little progress in improving its investment climate, while the economy is developing well. At the same time, Poland is losing its competitiveness, which is also having a negative effect on attracting investors.
The strategy emphasises the necessity to improve business environment, modernise infrastructure, create transparent tax regulations, as well as to accelerate reforms. The EBRD offered help in attracting SME's investments, upgrading and restructuring local companies and participating in the privatisation of difficult sectors.
Source: Rzeczpospolita