We expect the Polish economy to expand by 3.1% in 2024 following just 0.6% growth in 2023, as domestic consumption recovers and mitigates weaknesses in Poland's key trading partners. We anticipate that the likely new Polish government, which is currently being finalized, will be able to unlock access to EU funds, underpinning investment growth in 2024 and beyond. Even though fiscal deficits will probably remain wide at least through 2024-2025, Poland's net general government debt will remain below a moderate 50% of GDP in the medium term. We affirmed our 'A-/A-2' foreign currency and 'A/A-1' local currency ratings on Poland. The outlook remains stable. On Dec. 1, 2023, S&P Global Ratings affirmed its 'A-/A-2' long- and short-term foreign currency sovereign
