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Development Ministry announces Strategy for Responsible Growth

13:41

The Ministry of Development has directed its newest strategy to public consultations. Its main assumptions are the growth of expenditures for R&D close to 2 percent of GDP, accelerating the average yearly pace of export value growth to 7.2 percent  and obtaining a higher industrial output rise than GDP. The total value of capital involved is to be about PLN 1.5 billion, contributed from both the public and private sector, as well as the Polish Development Fund. The Ministry also said that the strategies main goal will be the growth of wealth of Poles and lowering the number of those endangered by poverty and social exclusion. “The most important assumed result will be the increase of the average household income to 80 percent of the EU average by 2020," was also indicated.

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