Steinholff places resuscitating balance of trade on government priority list

Deputy Prime Minister Janusz Steinholff told the Polish Press Agency (PAP) the government would give priority to expanding Poland's balance of trade, accelerating restructuring of state-owned companies, promoting local entrepreneurship, and fighting unemployment. He also pledged to support the newly appointed Finance Minister Jaroslaw Bauc in his efforts to stabilize public finances. The government would also implement a budget designed to substantially reduce the deficit. Steinholf supports tax cuts in future, but warned against doing that too soon, as the government would then not have sufficient funds to cover projects already underway. (Gazeta Wyborcza, June 17-18, page 32). S.M.