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Fiscal and growth policies in Poland 2008-2012 Maciej H. Grabowski Podsekretarz Stanu Ministerstwo Finansów.

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Presentation on theme: "Fiscal and growth policies in Poland 2008-2012 Maciej H. Grabowski Podsekretarz Stanu Ministerstwo Finansów."— Presentation transcript:

1 Fiscal and growth policies in Poland 2008-2012 Maciej H. Grabowski Podsekretarz Stanu Ministerstwo Finansów

2 Growth trend well above the rest of EU

3 Public spending as an important source of growth throughout the crisis

4 Labour market holding strong

5 Has the rise in government debt been very high?

6 The changes of debt level in 2012

7 Polish bonds at the highest price

8 Rentowności naszych obligacji osiągają rekordowo niskie poziomy

9 Relatively low tax burden

10 Public expenditures: Poland vs the EU

11 Poland and the international rankings

12 Real interest rate – the highest in the EU

13 …and almost the highest nominal interst rate in the EU

14 Structural g.g. deficit significantly reduced

15 Merci!


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