The Polish cabinet has adopted a bill prolonging its anti-inflation measures, the so-called 'shields,' beyond end-October, to the end of 2022, the Prime Minister's Office said in a Tuesday statement.
The Polish government will prolong its anti-inflation measures, which it calls 'shields', until the end of the year, Mateusz Morawiecki, the prime minister, has said.
President Andrzej Duda signed on Thursday the act on support for borrowers, which includes 'mortgage holidays' and the extension of anti-inflation shields until October 31.
The government has extended its anti-inflation shield till the end of October and will probably prolong it further, the Polish government spokesman has said.
The Sejm, Poland’s lower house of parliament, has passed legislation that will extend the so-called anti-inflation shield to October 31 as well as introduce "credit vacations."
The Polish government is planning to extend its anti-inflation shield, a set of tax cuts on basic goods, the government spokesman has said.
The government may extend its anti-inflation shield in whole or in part, Poland's prime minister told a press conference on Tuesday.
The Polish government's 'anti-inflation shield,' which is binding until the end of July, will be extended, the prime minister said on Saturday.
The Ukraine-Russia war may make the Polish government prolong its so-called anti-inflation shields that it introduced to reduce the impact of inflation on society, a deputy minister has said.
The total cost of the so-called anti-inflation shield launched by the Polish government to fight rising prices will carry a cost equal to 1.2 percent of Poland's 2022 GDP, the PKO BP bank has estimated.
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