Marcinkiewicz presents new economic reform policy

Program of the government for 2005-2009" on Friday, which among other things envisages two VAT rates, decreasing the number of companies controlled by the state and abolishment of capital gains tax in 2006. "This is a program of compromise between the two different visions of economic development of Civic Platform (PO) and Law and Justice (PiS)," said Kazimierz Marcinkiewicz. "Draft bills will be ready by spring 2006," declared the PM. Marcinkiewicz informed that he would like to see privatization revenues of zł.6-10 billion per annum, out of which zł.4-6 billion should be achieved through selling shares on the bourse. "In accordance with the suggestions of PO, we will lower the number of companies in which the State Treasury will have passive control," announced Marcinkiewicz. (Parkiet, p. 1) M.M.