Overview

A SUPPLEMENT TO EUROMONEY

Introduction

Three years ago, the Polish Government implemented an economic program called Strategy for Poland, a macroeconomic blueprint for the period between 1994 and 1996.

The principle aims for the government’s policy were, and continue to be:

• to ensure the conditions for a high GDP growth rate;

• to reduce inflation;

• to reduce budgetary imbalance to a budget deficit not higher than 2.5% of GDP and to a level of public debt not higher than 60% of GDP for the coming years;

• to improve people’s living standards, including an increase in real wages, and to reduce unemployment.