Bloomberg News

Rostowski Sees No ‘Huge’ Budget Impact of Slower Polish Growth

September 28, 2011

Sept. 28 (Bloomberg) -- The impact on Polish public finances wouldn’t be “huge” if economic growth slowed by as much as 0.5 percentage points from the government’s 4 percent forecast for next year, Finance Minister Jacek Rostowski said today in Warsaw.

He said faster-than-forecast inflation and economic growth in 2011 would increase nominal gross domestic product and the tax base, offsetting any “slight” growth slowdown in 2012.

To contact the editor responsible for this story: David McQuaid at dmcquaid1@bloomberg.net


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