Poland unlikely to scrap metal tax in 2017

Finance Minister Paweł Szałamacha told Polish daily Puls Biznesu that state-controlled copper giant KGHM should not count on a modification or the cancellation of Poland's copper and silver tax in 2017. "We are realizing, step by step, the program of rebuilding tax revenues; this has to be correlated with our electoral promises," Szałamacha said. "This limits the possibility of modifying or abolishing this tax in the 2017 budget." Scrapping the metal tax was one of the electoral promises pledged by ruling PiS.