In the Law on Helping Energy Consumers, the government wrote that expenditures should be excluded from the norm: All funds allocated to the state, such as the Solidarity Fund, the funds operating in the BGK and the National Fund for Environmental Protection and Water Management.
Ludwik Kotecki, current member of the Monetary Policy Council, wrote on Twitter that “while the zloty breaks new records of weakness, There is a legislative proposal that eliminates the last manifestations of budget policy according to principles or rules.”
Sławomir Dudek of FOR and SGH didn’t utter the words either. – The government shows not only the “Lechukki gesture” from the European Union, but also our exposure to the British scenario, which means that by destroying the finances of our country, this will lead to a sharp weakening of the zloty and an increase in bond yields. We are approaching disaster at our request – He said in an interview with money.pl.
The rest of the article is under the video
See also: KPO in Poland is unnecessary? “It’s propaganda.”
On Wednesday evening, after our text was published, Bowie Boris, head of the Polish Development Fund, pointed out the matter.
Today we have a difficult choice – either a spending base, or coal, or corporate and job security, or a strong military. Which is why I disagree with criticism of increased spending on the fight against the pandemic, the energy crisis, and defense from flexible earmarked funds, such as the BGK or the National Environmental Protection Fund, on Twitter.
– I am not a proponent of increasing debt, because debt does not create wealth, but rather the accumulation of human and financial capital. But What is the significance of whether debt is credited to the central budget or fund account? Problem solving is key, not accounting – PFR chief added.
Saomir Dodik replied. – Then why put a budget at all. It would be more flexible without a budget. Why the courts and rules and regulations and rules. Without these institutions, the Fore economist wrote, it would be much more resilient.
“As a director at the Ministry of Finance, you ‘hid’ as the first debt in the BGK Road Fund and half of the OFE was nationalized, as the public debt (PDP) was threatening to overshoot statutory limits. In total, it was almost 200 billion PLN! Over shields with respect to GDP. Maybe more careful with the gradesBoris Bowie replied.
Rate our article quality:
Your feedback helps us create better content.
“Internet Geek. Food Enthusiast. Thinker. Beer Practitioner. Bacon Specialist. Music Addict. Traveler.”