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Tuesday, April 25, 2023

The president speaks frankly about record inflation. “We handed out money”

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During his visit to Pajenczno, the president, in particular, said about record inflation in Poland. Andrzej Duda acknowledged that high prices are the result not only of what is happening in the world, but also of the actions taken in our country.

President Andrzej Duda visited Pajeczno (Lodz Voivodeship) at the end of last week. During a meeting with residents of the city on the act on municipal and regional roads. The topic of inflation was also mentioned in the President’s speech. I know there is inflation. This is of course the result of various factors. The simplest way would be to say that this is the result of rising fuel prices around the world. These fuel and energy prices have driven up the prices in stores and that’s why we all have high prices, that’s why there is inflation - the president said.

President on inflation. amazing words

However, later in his speech, Andrzej Duda acknowledged that the high prices are also the result of the actions we “took” in Poland. - I say “we did it”, because they were decided by the prime minister, government, parliament. For example, during the coronavirus pandemic, when we simply handed out money to entrepreneurs so that they would keep their companies and jobs. To prevent people from losing their jobs - the president explained.

“The money was paid, of course, it was supposed to cause inflation. We knew it was probably going to happen, but we’d rather cause inflation than job disappearance rather than job disappearance. added.

In the President’s words, “thanks to a wise policy” it will soon be possible to stifle inflation.

Recall that inflation in March amounted to 16.1 percent against 18.4 percent. in February. Core inflation (excluding food and energy prices) was 12.3% last month, compared to 12% in February. This Friday, the Central Statistical Bureau (CSO) will publish a preliminary estimate of the consumer price index for April.

Designed by: Radoslav Swiecki
Source: Bankier.pl, Wprost.pl

Source: Wprost

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