We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » June 20, 2017
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Economic growth to slow down
June 20, 2017   
Article's tools:

Miroslaw Gronicki
Poland may be slowing down its own economic growth by aggressively tightening tax collection, the daily Rzeczpospolita writes citing former Finance Minister Miroslaw Gronicki.
Tax receipts’ growth faster than economic growth translates into lower disposable income in the private sector, Gronicki explained. The effect would be negligible in the case of annual receipts in the order of PLN 5 billion, but much more significant in the case of PLN 20-30 billion, Credit Agricole’s chief economist Jakub Borowski admitted.
The government should consider what to do in order to neutralize the negative effects of its tightening measures, which may turn more acute in the longer term, Gronicki warns.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE