International Monetary Funds say Poland should aim for zero deficit in 2 years

Economists agree the new budget will be a serious test for the Polish economy. Tax policy will have to be stricter and the deficit will need to be watched carefully says International Monetary Fund (IMF) representative for Poland Franciszek Rozwadowski. There is no reason to be worried about the large deficit at the moment, since it is caused by Poland's need for foreign investments. High foreign investment correlates with high import levels. However, the IMF says in two year's time the deficit should be zero, if Poland wants to maintain its economic growth.These recommendations will not be easy to fulfil says the leader Election Action (AWS) Marian Krzaklewski, adding that future budgets should be realistic and meet both social and economic demands. (Rzeczpospolita, page B1) A.D.