The leadership of Poland's ruling Law and Justice (PiS) party has accepted the resignation of erstwhile Finance Minister Tadeusz Kościński, whose duties will be performed by the prime minister until a replacement is appointed, PiS's spokesperson announced on Monday.
Poland will dismiss Finance Minister Tadeusz Kościński and Deputy Finance Minister Jan Sarnowski for the chaos around the implementation of the Polish Deal tax reform, radio broadcaster RMF FM has reported, without providing the source of information.
Mateusz Morawiecki, the prime minister, on Tuesday announced the introduction of a second anti-inflation shield which is a package of tax cuts that are aimed to trim consumer price inflation by up to 1.5 percentage points.
The Polish economic growth rate reached about 5.2-5.3 percent last year, the finance minister has said.
The finance minister has estimated that Poland's budget deficit should not exceed PLN 30 billion (EUR 6.54 billion) at the end of 2021.
The Polish government will have spare funds at the end of the year which can be used for investment or subsidy programmes to cushion the effects of inflation, the finance minister has said.
Poland's finance minister has said he expects VAT to be zero on food products from February 1, with the change affecting all products currently subject to 5-percent VAT.
The annual average inflation rate will reach 5.8-5.9 percent next year, the finance minister has said.
Poland could gain permission from the European Commission (EC) to introduce a temporary zero-VAT rate on food items, the Polish agriculture minister said on Friday.
Inflation in Poland will reach its peak in January or February and then slowly fall, the Polish finance minister said on Friday.
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