The government presented an anti-inflationary package. "Inflation is imported"
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Loading... - Anna Russell
- 01 Dec 2021
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According to the Prime Minister, the reduction of the excise tax on fuel means a drop in fuel prices by PLN 20-25, which will "reduce the cost for Polish families and entrepreneurs".
The government also plans to reduce taxes on electricity and natural gas, as well as introduce a protective allowance for households, paid in two installments. Its value is between PLN 400 and PLN 1,150.
The presented package, which consists mainly of tax cuts, costs the budget about PLN 10 billion.
At the same time, the prime minister announced that the package was extended to include a 23 percent VAT reduction on heat. up to 8 percent The target group of the planned cover allowance was also increased to 6.8 million people (previously it was announced that up to 5 million farms would benefit from the allowance.
Mateusz Morawiecki ruled out that the package may be extended. "If in Q2 inflation does not show significant declining trends, we will continue our activities," he said.
" The key is to choose tools that will curb inflation, not hinder economic development, and that the money goes to people " - said Mateusz Morawiecki. As he added, the anti-inflationary package of Law and Justice is one of the "most generous in all of Europe". Read More…
