0:01 8 December 2021
The Polish Deal may hit the solvency of 14 large cities: Fitch Ratings
The American rating agency Fitch Ratings has been placed on the watch list with a negative indication of international long-term ratings for 14 local government units (LGUs) in Poland. Placing the ratings on the watch list with a negative indication reflects the uncertainty about the possible impact of the fiscal reform of the Polish Deal on the finances of the evaluated municipalities.
Fitch analysts point out that the introduction of tax changes envisaged by the Polish Order will reduce the operating income of local governments as compared to the situation without the reform. are to fall.
The next reviews of the ratings of municipalities assessed by Fitch in Poland will take place in the first half of 2022 and will concern: Białystok, Bydgoszcz, Chorzów, Częstochowa, Gdańsk, Gliwice, Katowice, Opole, Ostrów Wielkopolski, Płock, Rybnik, Szczecin, Warsaw, Zabrze.
