The Polish government has prepared an over 91-billion-zloty (about US$31
billion) stability plan for the next two years to appease the effects of the
global financial slump, Prime Minister Donald Tusk announced yesterday.
The program included instruments to stabilize Poland's finances and economic
growth and aid schemes for enterprises, including a 20-billion-zloty credit
scheme for SMEs, Tusk was quoted as saying by Polish news agency PAP.
He also promised more EU-funded investment and bigger spending on renewable
energy and telecommunication.
Tusk assured the crisis plan would not affect Poland's finances nor raise the
budget deficit.
Also planned is a over 1-billion-zloty "public solidarity reserve fund" to be
financed from raised excise on alcohol and foreign cars.
Earlier Sunday Finance Minister Jacek Rostowski said Poland's 2009 GDP growth
forecast would be lowered from 4.8 percent to 3.7 percent. (US$1= 2.9354
zloty)