https://www2.polskieradio.pl/eo/dokument.aspx?iid=136872

Government's public finance reforms spark controversy

02.08.2010
A VAT tax hike and swift privatisation are the government's main goals aimed at patching up the budget deficit in the next several years.

 

Alicja Baczynska reports

 

The government has resolved to increase the Value Added Tax by 1 percentage point from 22 to 23 percent as of January and to maintain the figure until 2013. This, alongside profiting from faster privatisation and the sale of state-owned land, is one of the main steps aimed at combating rising public debt and budget deficit, which the government announced on Friday.