Polish economy strong despite global financial crisis
The Finance Minister did confirm that the Financial Stability Committee has approved a national rescue plan, which contains rules of conduct in case the serious crisis does come to Poland. Rostowski emphasized however that it is irresponsible to scare citizens that they are threatened by the crisis.
"Despite turbulence in global markets, the Polish economy is in good condition. The 2009 draft budget bill lowers the budget deficit and thus increases Poland's credibility as a debtor and limits the risk that our country will have to pay more for servicing foreign debts," added Rostowski.
Sejm deputies however maintained their stance that the 2009 budget is unfeasible due to the crisis, as consumption, the GDP, as well as exports will be on a much lower level than is currently anticipated.
Sources: Rzeczpospolita, Parkiet (A.K.)
"Despite turbulence in global markets, the Polish economy is in good condition. The 2009 draft budget bill lowers the budget deficit and thus increases Poland's credibility as a debtor and limits the risk that our country will have to pay more for servicing foreign debts," added Rostowski.
Sejm deputies however maintained their stance that the 2009 budget is unfeasible due to the crisis, as consumption, the GDP, as well as exports will be on a much lower level than is currently anticipated.
Sources: Rzeczpospolita, Parkiet (A.K.)
