Locked content Sasin: Development and finance ministries to be separated

According to top Law and Justice (PiS) politician, Jacek Sasin, ministries of development and finance should be separated. “At the moment, it seems that there is no need to maintain such a structure because the prime minister will coordinate and supervise the work of these ministries himself,” he sa...

Morawiecki to replace Szydło – media

According to various media sources, ruling Law and Justice (PiS) party leader, Jarosław Kaczyński plans to replace current PM Beata Szydło with Deputy PM Mateusz Morawiecki. The change could happen as soon as next week.

Locked content Morawiecki: OFE reform in 1-2 years

According to Deputy PM Mateusz Morawiecki, the long-planned reform of the Open Pension Funds (OFE) should be implemented within the next 1-2 years. “We want to sort of privatize OFEs, the part with equities would be transferred to Individual Pension Accounts (IKE), while corporate bonds business wou...

Locked content FinMin wants to expand SEZ to cover the entire country

Expanding Special Economic Zones to cover the entire country could speed up investments, particularly in municipalities that have thus far been neglected, said Deputy PM and Finance Minister Mateusz Morawiecki. The ministry has submitted a relevant draft bill for consultations. “We would like to sta...

Locked content PwC: VAT gap to drop to PLN 39 bln in 2017

Based on VAT collection data in H1 of the year, the VAT gap could decrease to PLN 39 billion in 2017, which equals to 2 percent of GDP, from PLN 52 billion recorded in 2016 (2.9 percent of GDP), advisory PwC calculated. PwC analysts expect VAT revenues to increase by 19 percent y/y to over…