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POLAND: Cabinet Amends 2025 Budget, Statistics Poland Releases Flash Sep CPI

POLAND
PolandCEEMEAEM BulletBulletGlobalEmerging Market NewsRegion
  • Prime Minister Donald Tusk's chancellery issued a statement after a special cabinet meeting noting that "the priority of the issuance policy will be to build large and liquid issues with fixed interest rates, both on the domestic market and on the euro and US dollar markets." During the meeting on Saturday, the cabinet agreed to implement four changes to the 2025 budget. The key amendment adds PLN2bn to the budget reserve, which will be used to finance the reconstruction of regions affected by recent floods.
  • Rzeczpospolita reported that Institute of National Remembrance (IPN) chair Karol Nawrocki is the front-runner to become the main opposition Law and Justice's (PiS's) presidential candidate next year. The article notes that final decisions are yet to be made amid ongoing research into different scenarios.
  • Statistics Poland will release flash September CPI data at 09:00BST/10:00CEST. Consensus sees headline inflation rate at +4.9% Y/Y amid expectations that it will keep rising into the turn of the year.
  • The Finance Ministry will release bond issuance schedule for October at 14:00BST/15:00CEST.
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  • Prime Minister Donald Tusk's chancellery issued a statement after a special cabinet meeting noting that "the priority of the issuance policy will be to build large and liquid issues with fixed interest rates, both on the domestic market and on the euro and US dollar markets." During the meeting on Saturday, the cabinet agreed to implement four changes to the 2025 budget. The key amendment adds PLN2bn to the budget reserve, which will be used to finance the reconstruction of regions affected by recent floods.
  • Rzeczpospolita reported that Institute of National Remembrance (IPN) chair Karol Nawrocki is the front-runner to become the main opposition Law and Justice's (PiS's) presidential candidate next year. The article notes that final decisions are yet to be made amid ongoing research into different scenarios.
  • Statistics Poland will release flash September CPI data at 09:00BST/10:00CEST. Consensus sees headline inflation rate at +4.9% Y/Y amid expectations that it will keep rising into the turn of the year.
  • The Finance Ministry will release bond issuance schedule for October at 14:00BST/15:00CEST.