DBRS assigns A to Poland

DBRS said it assigned long-term foreign and local currency issuer ratings of A and short-term foreign and local currency issuer ratings of R-1 (low) to the Republic of Poland.

The trend on all ratings is stable.

DBRS said the A rating reflects Poland’s strong macroeconomic performance, its solid policy framework, including a sound monetary and exchange rate regime, and stable public finances. The ratings are constrained by comparatively low GDP per capita, increased policy uncertainty following the recent parliamentary elections, high external debt and long-term challenges to public finances stemming from the pension system as well as rising healthcare expenditure.

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