New state-run economic think tank established

President Andrzej Duda on Monday signed the act establishing the Polish Economic Institute. The new institution will replace the current the Institute for Market, Consumption and Business Cycles (IBRKK).

Its purpose is, among others, to provide expertise for the implementation of the Responsible Development Strategy. It will be operating under the PM auspices.

The creators of this idea argued that currently none of the institutions under the supervision of the prime minister deals with the economic aspects of Poland’s development.

According to the Secretary of State in the Chancellery of the Prime Minister, Paweł Szrot the new institution would be strictly scientific and research-oriented, and that the choice of personnel would be made only with“ substantive considerations.”

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