The authors offer a medium-term projection for Poland’s economic growth in 2007-2011. The forecast was prepared with the use of an annual macroeconomic model developed at the Łódź University Faculty of Econometric Models and Forecasts. The model, which takes into account a number of exogenous variables and the latest trends in both the Polish economy and around the world, yields moderately optimistic conclusions about the possible paths of the country’s economic growth. In addition to the forecast, the authors discuss basic problems and threats to Poland’s future economic growth.