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Free AccessNew Gov't To Create Industry Ministry In Silesia, Boost Child Benefits & Teachers' Salaries
Donald Tusk emerged from a working meeting with the pro-EU coalition's ministerial candidates confirming some key names in the line-up of his incoming Cabinet, which could be sworn in as soon as next Wednesday. The leader took the opportunity to unveil some near-term plans of the incoming administration.
- Tusk announced his intention to create a Ministry of Industry, which will be based in the Silesia region, one of Poland's main industrial hubs in the western part of the country. Marzena Czarnecka, a technocrat and academic, will be tasked with setting up and heading the new ministry.
- The leader said that his coalition has earmarked funds for boosting payouts from the previous administration's flagship child benefit programme and for 30% salary hikes for teachers which will take effect from the beginning of next year.
- Tusk noted that the coalition will not fulfil its pledge to increase the annual tax-free allowance to PLN60k during its first 100 days in office, but he will ask the new Finance Minister to see which campaign pledges could be included in budget 2024.
- The leader also vowed to quickly overhaul politicised public media, make mortgage holiday laws more attractive for borrowers, resolve tensions on the Polish-Ukrainian border and join the European Public Prosecutor's Office.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.