The value of Polish trade on the internet in 2020 may exceed PLN 100 bln (EUR 22.4 bln), Finance Minister Tadeusz Kościński was quoted on Twitter as saying by the ministry.
The Polish budget's liquidity is positive despite the extraordinary relief and support spending due to the coronavirus crisis, Finance Minister Tadeusz Koscinski told the Gazeta Polska Codziennie newspaper.
Finance Minister Tadeusz Kościński said the creation of a fund could be used to combat a recession that is predicted to sweep across the EU. EU should create a recession-fighting fund by giving itself tax-raising powers and by putting big global companies in the taxation cross-hairs.
Every month of the national lock-down in the face of the coronavirus threat takes away 2 percentage points from Poland's GDP growth rate, Finance Minister Tadeusz Kościński said on Thursday.
In the positive scenario that the ongoing coronavirus crisis is over by the end of May, Polish GDP growth in 2020 might reach 0-0.5 percent, Finance Minister Tadeusz Kościński told public radio on Thursday.
The coronavirus epidemic will certainly cut the original 3.7 percent GDP growth that Poland planned to reach in 2020, and a 2 pct economic expansion should be seen as a very good result, Finance Minister Tadeusz Kościński said in a comment for PAP on Friday.
The governor of the National Bank of Poland (NBP), Adam Glapiński, said on Thursday that there will be no recession in Poland, but admitted that there will be an economic slowdown.
The Polish government transferred close to PLN 470 mln (EUR 108 mln) from the general and specific provisions for the prevention and fighting of coronavirus, Finance Minister Tadeusz Koscinski said on Twitter on Tuesday.
The Finance Ministry has officially nominated a current member of the board of the National Bank of Poland (NBP), Teresa Czerwińska, for the position of deputy head of the European Investment Bank, Finance Minister Tadeusz Kościński told PAP on Thursday.
Finance Minister Tadeusz Kościński announced on Wednesday he will run for the post of president of the European Bank of Reconstruction and Development (EBRD).