Finance Minister proposes liberalizing food import tariffs to fight inflation
Finance Minister Jaroslaw Bauc said on Friday that he will present a
proposal to Cabinet to help slow inflation by liberalizing the duty on
major food items or increasing the duty-free grain quotas. He said he was
consulting with Economy Minister Janusz Steinhoff but has not spoken with
Agricultural Minister Artur Balazs yet. Balazs said over the weekend he
will oppose any radical liberalization such as removing import tariffs. If
the government does not make a decision about the liberalization of duties
on food, The Monetary Policy Council (RPP) is very likely increase
interest rates on Wednesday. The representatives of the RPP are counting
on the support of Prime Minister Jerzy Buzek to push the Finance Minister'
s plans. (Rzeczpospolita, page A1, Gazeta Wyborcza, page 22, Reuters)