Poland

The International Monetary Fund\'s mission carried out an assessment in Warsaw on 14-24 March under Art. IV of the of the IMF Articles of Agreement. The mission pointed to the most important problems of the Polish economy and presented related recommendations. The Fund\'s delegation pointed out that the most important challenge is to bring inflation down to the target (which upper band of deviations is 3.5%). Therefore, it becomes necessary to tighten fiscal policy this year.

Mateusz Morawiecki, during the recent press conference \"Stable public finances in unstable times\", bragged that under the rule of PiS’ government \"the [public] debt in relation to GDP will fall\" and it will be the case \"despite gigantic expenses during the pandemic, despite huge expenses on the anti-inflation shield.\" He stressed that \"there are no catches here, there are no special operations.\"

The ongoing election campaign has become an opportunity for political parties to present populist solutions to problems that are not always real. One theme are the seemingly high mortgage rates. In reality, however, rates are much lower than the current and projected increase in prices and wages, which means that the burden on debtors would decrease even if they would not pay their instalments and the interest would increase their debt.

An entrepreneurial state is one that is law-abiding, free and open. Not one that makes its presence felt in every sphere of life. Ignorance, archaic worldview conservatism, combined with years of legislative neglect by Polish politicians in the economy have made us an unpredictable business partner. Nevertheless, the upcoming elections are about more than just the economy – writes Jerzy Czubak, a Polish entrepreneur who has lived in Switzerland for more than 20 years.

On Friday, May 26, in the Sejm there was the passing and the signing of a bill to establish a commission on Russian influence by Andrzej Duda. This development marks a concerning step towards the establishment of an undemocratic state in Poland, where the principles of the rule of law are disregarded. The Commission, lacking any appeal standards, provides a platform for politicians from one party to potentially eliminate their opposition counterparts from the political arena.

In this episode, we talk about the biggest street protest in the history of Poland, what factors shape the parliamentary campaign in Poland, and what will be the outcome of the forthcoming elections.

Under the pretext of investigating the Russia\'s influence in Poland, the newly formed polish parliamentary commission has been granted the authority to silence the opposition and impose a ban on individuals holding public positions for up to 10 years. In the light of the upcoming fall parliamentary elections, this tool strikes at those seeking to run in the elections or get appointed.

Entrepreneurs, do not be passive. There are many ways to get involved today on the right side. Think about the future of Poland, where you would like to further develop your business projects, invest, and create jobs, and what kind of Poland you, your children or grandchildren will live well in. More than 2 million people run a business in Poland. Entrepreneurs are a large social group – there are four times more of us than teachers and almost thirty times more than miners.

In 2015, the right-wing Law and Justice (PiS) party won the elections, promising a significant new social support program. In March 2016, with a majority in the parliament, PiS introduced the \"Family 500+\" program, which provided an additional payment of PLN 500 per child per month. Initially, the program was for a second and subsequent child in a family, but later it was extended to include the first child as well.

On May 14, during the Law and Justice (PiS) convention the election promises were made. Will these promises lead to prolongation of the PiS rule in Poland? There are the specific program announcements presented by Jarosław Kaczyński, and the most important is: 800+ in place of 500+ from 2024.