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BGK agrees with IMF report: "Infrastructure investment is a key priority for the CESEE region to accelerate convergence toward the EU15"

Retrieved on: 
Friday, October 16, 2020
International relations, Foreign relations, Government, Bank Gospodarstwa Krajowego, Three Seas Initiative, International Monetary Fund, Gross domestic product, EximBank

IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."

Key Points: 
  • IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."
  • The report estimates that closing 50% of the infrastructure gap until 2030 would require an annual investment of 3-8% of GDP.
  • To engage investors, the state development bank of Poland, Bank Gospodarstwa Krajowego (BGK), took the initiative to establish the Three Seas Initiative Investment Fund (3SIIF).
  • In the report, the IMF mentions the Three Seas Fund as one of "the several initiatives aim to address infrastructure needs in CESEE".

BGK agrees with IMF report: "Infrastructure investment is a key priority for the CESEE region to accelerate convergence toward the EU15"

Retrieved on: 
Friday, October 16, 2020
International relations, Foreign relations, Government, Bank Gospodarstwa Krajowego, Three Seas Initiative, International Monetary Fund, Gross domestic product, EximBank

IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."

Key Points: 
  • IMF highlights the Three Seas Initiative Investment Fund (3SIIF) as an initiative with the "aim to address infrastructure needs in CESEE."
  • The report estimates that closing 50% of the infrastructure gap until 2030 would require an annual investment of 3-8% of GDP.
  • To engage investors, the state development bank of Poland, Bank Gospodarstwa Krajowego (BGK), took the initiative to establish the Three Seas Initiative Investment Fund (3SIIF).
  • In the report, the IMF mentions the Three Seas Fund as one of "the several initiatives aim to address infrastructure needs in CESEE".