According to both the Finance Ministry and other market analysts, inflation reached its top level in the first quarter of 2020 and would not go higher this year, Deputy Finance Minister Leszek Skiba wrote in an answer to an MP question.
The package called the “Anti-crisis Shield” programme is aimed at protecting small business form financial loss during the pandemic and will include five pillars: employee security, company financing, health care, the financial system, and a public investment programme. It will also see a temporary lifting of the Sunday trading ban.
In the coming days the limit for contactless payment without a Personal Identification Number (PIN) will be raised, Poland's Ministry of Finance announced on Twitter on Wednesday.
Poland obtained EUR 2.2 bln from European Union funds in January, including EUR 2.177 bln in current transfers and EUR 25.45 mln in capital transfers, the Finance Ministry reported on Friday.
Teresa Czerwinska, a management board member of the National Bank of Poland (NBP) and a former finance minister, will become a vice-president and management committee member of the European Investment Bank (EIB) from March 1, the EIB announced on Thursday.
Poland has been reducing its public debt, which will go down to 46.5 percent of GDP at the end of 2020, and the country enjoys record-high credibility on financial markets amid record-low Treasury bond yields, Deputy Finance Minister Leszek Skiba has told PAP.
The value of shares and holdings owned by Poland's Treasury exceeded PLN 190 bln (EUR 44.65 bln) at the end of 2018, Treasury Solicitor's Office head Mariusz Haladyj told the Sejm (lower house) Energy and Treasury Committee on Wednesday.
Poland's Finance Minister Tadeusz Koscinski has met with British officials in London to discuss development of global markets, strengthening Polish-British trade relations, Brexit, enhancing cooperation between tax services and counteracting VAT fraud.
The Polish government is working on a bill to impose additional fees on soft drinks containing sugars, a so-called sugar tax, as a tool to fight the rapid increase in being overweight and the problem of obesity, PAP has found out.
The Polish government will seek to further expand state ownership in the country's financial sector, Deputy Prime Minister and State Assets Minister Jacek Sasin told a Saturday conference in Torun, northern Poland.