Drought won’t stunt pandemic decline in inflation: ministry of finance
16:00
Drought will not break the pandemic decline in inflation, Łukasz Czernicki, an economist at the Ministry of Finance told Dziennik Gazeta Prawna, the popular economic daily, in an interview.
“Covid-19 will have a strong impact on the decrease in inflation, both in Poland and in the world. Drought will certainly work in the opposite direction, but anything that will happen with vegetable or fruit prices will rather not break this trend," he said.
Czerwnicki added that the debate should start about the introduction of more flexibility in public finance management.
Czernicki believes that the awareness that the NBP may be an active player in the debt market leads to increase in the possibilities of debt financing.
(PAP)
