Upcoming elections likely to dilute any decisive Cabinet anti-inflationary steps
Today Cabinet is to discuss anti-inflationary measures but the
presidential elections and the parliamentary elections in 2001 will
probably be a reason for the government not to tighten its inflation
policy, economists say. The governments past actions were too slow. The
main issue in fighting inflation is controlling government expenditures,
analysts say. "Elimination of duties and monopolies is not enough, we must
cut the state expenditures," said Krzysztof Dzierzawski from the Adam
Smith Center. Economists also say that increasing fuel excise duties puts
pressure on the zloty. According to the experts, inflation is a structural
problem. (Prawo i Gospodarka, page 1)