Economy8 hours ago (Jan 08, 2022 03: 20AM ET)
© Reuters. FILE PHOTO: Polish High Minister Mateusz Morawiecki visits Orlen Lietuva oil refinery in Mazeikiai, Lithuania, June 3, 2018. REUTERS/Ints Kalnins
WARSAW (Reuters) – Polish High Minister Mateusz Morawiecki is expected to assert extra additions to the country’s anti-inflationary equipment on Tuesday, authorities spokesperson Piotr Muller said on Saturday.
The measures within the entire equipment would perhaps be extended if inflation continues to surge, Muller told non-public radio RMF FM.
On Friday Morawiecki highlighted a beforehand announced VAT tax reduce on petrol.
The tax cuts are geared toward countering the impact of surging inflation in Poland, which has reached a extra than two-decade high.
Poland’s central bank hiked its valuable interest rate by 50 foundation substances to 2.25% on Tuesday and signalled there was as soon as extra tightening to realize aid. Knowledge on Friday showed the person label index hit 8.6% in December.
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