RPP likely to resist pressure to cut rates this week

Sparshott, Jeffrey
December 2001
Warsaw Business Journal;12/17/2001, Vol. 7 Issue 51, p3
Reports that pressure on Poland's Monetary Policy Council (RPP) is unlikely to force an interest rate cut in December 2001. Need for a compromise between the National Bank of Poland (NBP) and the RPP; Gross domestic product (GDP) growth projected by the government for 2001; Benefits of a weaker zloty for Polish exporters; Budget plan for 2002 proposed by Finance Minister Marek Belka.


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