Bauc: restrictive fiscal policy is necessaryFinance Minister Jaroslaw Bauc said that restrictive fiscal policy is necessary, because the public sector should not add to the deterioration of the CA deficit. "The policy tools must be adequate to a given economic situation," Bauc said in a radio interview. He praised his predecessor Leszek Balcerowicz for his achievements in consolidating public finances in recent years, and added that the budget for 2001 should also go in that direction. In his opinion, the coming elections will not affect the structure of the budget law. He said the Cabinet's Economic Committee (KERM) will discuss the assumptions for the 2001 budget within the next ten days.
Źródło: IntelliNews Daily