Poland’s Council of Ministers adopted at its September 5 sitting a government programme aimed at supporting the development of the capital, Warsaw, between the years 2023 and 2030, the culture minister announced on X. Piotr Glinski tweeted that the programme’s aim was to “increase the capital’s development potential and raise residents’ living standards through financial…
Anti-inflation shields, introduced to help the Polish people cope with high inflation, will remain in place if necessary, the Polish government spokesman has said. “Our government always takes action during crises. Financial, anti-crisis and anti-inflation shields were launched when the need arose,” Piotr Mueller wrote on X. “The situation will look the same in the…
Poland’s economy will expand by 2-2.5% in the fourth quarter of the year, while inflation will fall to 6.5-7%, the president of the Polish Development Fund (PFR) has said. “Real incomes are likely to grow by 2-3%,” Pawel Borys wrote on X on August 31, adding that this should increase consumption. “But investments and exports…
Prime Minister Mateusz Morawiecki, responding to opposition comments, said that the planned construction of the new Central Transportation Hub (CPK) did not mean the land on which Warsaw’s Chopin Airport stood would be sold-off, it would be transferred to a state owned company with a ban on privatisation. During an August 29 Live broadcast on…
LOT Polish Airlines plans to gain a net profit that exceeds PLN 1 billion (EUR 222 million) in 2023, a state assets deputy minister has said. Maciej Malecki declared that LOT would not be sold, as “there is no consent” to such a move. Referring to this year’s financial plans, Malecki said that he was…
The share of budget expenditures in Poland’s GDP in 2024 will stand at 22.5% against 20.1% in 2023, the Finance Ministry has announced. The ministry made the statement in a justification for the budget bill for next year, published on August 25, having been accepted by the Cabinet on August 24 and sent to the…
The Polish Cabinet approved the 2024 draft budget, Mateusz Morawiecki, the prime minister, told a press conference on August 24. “Budget revenues are rising, this year they will be PLN 605 billion (EUR 135 billion) and next year over PLN 680 billon (EUR 152 billion),” Morawiecki said. A presentation by the Prime Minister’s Office showed…