The Polish sports industry was worth PLN 9.63 billion (EUR 2.2 billion) last year, while budgetary investments related to the Polish sports market were worth almost PLN 1.8 billion (EUR 413.6 million), the Polish Economic Institute (PIE) has reported.
According to the report by the Polish Economic Institute, the budget could gain an additional PLN 127.8 billion by 2023 billion if it reduces the shadow economy by 1 percentage point per year.
In an optimistic scenario, Poland will become a member of the G20 group in 2029, the Polish Economic Institute wrote in a report.
With the finance ministry estimating it will have recouped a total of around PLN 25bn in 2016-2018, Polish Economic Institute director, Piotr Arak, told TFN: “This is one of the biggest success stories in the EU.
In mid-2016, the Polish Ministry of Finance set out to reduce the VAT gap to around 15 percent over the next three years. By 2017 it had gone down to 14.0 percent.
Poland will be able to pick up the mantle dropped by the UK after its exit from the Union and help take on the role of a mature member state helping newcomers
A new report claims that Poland is moving towards greater solidarity owing to the government' tax-spending mix.
The Institute’s role will be to “inspire, organise and conduct” research in the economic and social sciences. It will cooperate with research and academic institutions in Poland and abroad, organising seminars and conferences to present its findings.