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Poland’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of Poland is expected to shrink, unemployment level to increase and current account balance to reduce due to COVID-19 this year. As of 07^th Aug 2020, Poland had 49,515 confirmed COVID-19 cases out of which 35,642 people have recovered from the disease while 1,774 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by Poland government under following sections –

1. Impact of COVID-19 on Poland Economy in 2020

2. COVID-19 Containment Measures of Poland

3. COVID-19 Related Fiscal Policy Measures by Poland

4. COVID-19 Related Monetary Policy Measures by Poland

5. COVID-19 Related Employment Policy Measures by Poland

6. COVID-19 Related Social Policy Measures by Poland

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1. Impact of COVID-19 on Poland Economy in 2020

Poland’s real gross domestic product (GDP) was PLN 1,983.37 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 4.579% to be around PLN 1,892.55 billion in 2020.

Poland’s unemployment rate was 3.279% of total labor force in 2019. Due to slowdown in global...