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Poland gives up multi-annual financial plan in 2020
March 25th, 2020
Poland's finance ministry will withdraw from publishing its multi-annual financial plan this year while the government will delay presenting the 2021 budget provisions to its social partners, under a special act on coronavirus economic counter-measures. According to the draft legislation of March 24, next year's budget projections, including proposed average annual wage growth rates as well as forecasts of GDP growth, inflation and unemployment rate, will be presented by the Council of Ministers to the Social Dialogue Council (RDS) by July 31 rather than mid-June.
PAP