Bloomberg noticed what he was all about We have been writing at Business Insider Polska for a long time. There is a frantic search for investors wanting to buy Polish bonds. They are asking for more and more risk premium, and that means The government will have to pay more and more for the borrowed money in the financial market. 10-year bond yields crossed another psychological barrier and reached their highest level since 2001.
See also: Bloomberg writes about Polish bonds. They are losing value the fastest in the world
In response to this question, Morawiki has often spoken of the need to tighten fiscal policy in the sense of “spending cuts”. However, no mention is made of the income aspect, i.e. raising taxes or imposing new levies.
He also emphasized, even the law that introduced a guaranteed price for coal It will not burden the budget, because its costs will be covered, among other things by energy companies “by looking at their cost structure appropriately”.
On our part, said Morawiecki, fiscal or regulatory policy is aimed at curbing inflation. The same is true in his opinion Economic or trade policy is widely understood.
The head of government added that in the case of the monetary policy pursued by the National Commercial Bank, there will also be an “appropriate response” to the crisis. However, he did not provide details on whether it was about, for example, raising interest rates further.
