The Polish government will probably reduce the VAT rate on staple foods to zero for at least six months, starting from February, Mateusz Morawiecki, the prime minister, has said.
The Polish government has written to the European Commission asking permission to lower the VAT on fuels, the prime minister announced on Tuesday.
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.
The Polish prime minister on Tuesday launched a PLN 10 billion (EUR 2.1 billion) financial shield designed to "protect" the country's economy and households from rising inflation.
The Polish government will give to society whatever gains the state budget gets owing to rising inflation, the finance minister has said.
Poland's inflation is at its highest in the 21st century, having returned to the level before the country's membership in the EU, Donald Tusk, the former prime minister and leader of the main opposition party, commented on the latest CPI results.
Finance Minister Tadeusz Koscinski announced a new package of measures on Monday aimed at encouraging foreign investment in Poland.
Poland’s budget deficit is estimated at PLN 3.4 billion (EUR 747 million) at the end of March, Finance Minister Tadeusz Kościński has told PAP.
The VAT gap last year may have remained at the same level as 2019 or may even have shrunk, despite the economic turmoil caused by the pandemic.
Poland's main opposition party Civic Platform on Saturday presented its plan for combating the crisis caused by the Covid-19 pandemic.