Wednesday, February 17, 2016

Prof. Witold Orlowski of the plan Mateusz Morawiecki: well-defined problems Polish – Polish Radio


                             The government adopted a plan for Responsible Development, known colloquially as “plan Morawiecki”. It’s five pillars and trillion investment.
                         

After the decision of the government plan was presented by the Prime Minister and Deputy Prime Minister Beata Szydło Morawiecki at a press conference. – With great pleasure I would like to inform you that just a moment ago, the Council of Ministers adopted a resolution on the adoption of the development program, which is directed to the Poles – announced the Prime Minister.

– This is a completely new development model Polish. Today we give the Poles a new model of economic development. We want everybody to Polish citizens the opportunity to benefit from the development, and not just selected groups. This is our declaration of the election campaign, and today we deliver once again the word – added Beata Szydło.

– We want the development of Polish proceeded in a coordinated manner that was balanced and that no matter where someone lives, have the same chance – she said.

she pointed out that the basic premise underpinning the creation of the plan was “a balanced, equitable development of our state.” – We are not afraid to say that our ambition is that the Polish brand has a strong brand, recognized worldwide and that Polish companies have the opportunity to compete with the best – stressed Beata Szydło.

“More and better earnings “

One of the effects of the plan will be the convergence of the Polish GDP and EU GDP per capita. The presented by Deputy Morawiecki “convergence path” that unless the current Polish GDP per capita is approx. 70 percent. EU, whereas approx. 2030 these levels to converge, and approx. 2040 Polish GDP per capita will be about 12.8 percent. exceed the EU level. It has to translate into earnings – the average EU earnings Poles will therefore receive in 2030.

– We have a deep conviction that the implementation of this plan will result in every year more and better wages, more and more of our citizens – said Morawiecki.

“too much we developed the credit”

presenting the plan argued that it had to be developed, because “we’re running out of fuel on which we drove. ” He argued, too, that it is at the moment need to “change the paradigm of economic development, in force for 27 years.”

– To a large extent, we have developed on the loan. Too we have developed on the loan. Even the last ten years credit growth is almost two times more than the growth of nominal GDP. The second element is the low savings. They have always been low, as we left the PRL were also low, but these savings have not learned to accumulate – he said.

“Five pitfalls of development”

M.in. so now Poland is facing five pitfalls of development: average income, lack of balance, the average product, demographic collapse and the weakness of institutions – explained.

– We could not develop strong brands of Polish products, so they were able to conquer other countries and that margin, or profit was high enough and could translate into higher wages for our employees – continued.

the recipe of the five traps will be, among others, five pillars of the plan Morawiecki. These five pillars are Reindustrialization, the development of innovative companies, capital development, foreign expansion and the development of social and territorial development.

(Movie – “A new model of development”. Min. Morawiecki unveiled an economic plan for the Polish / source: TVN24 / x-news)

the Deputy Prime Minister stressed that in the context of efforts to re-industrialization “huge” the emphasis has to be on the support of private capital. Strengthened and developed to be as – as pointed out by Mateusz Morawiecki – “industrial valley.”

– We want them to be a valley; railway, shipbuilding valley – pointed. Support will be also foreign investment, which – as he said – “much we care.” – We, in cooperation with foreign capital, technologies foreign to modernize Polish industry – he stressed.

“Constitution for business”

The second pillar is the development of innovative companies. – We will offer before the end of the “constitution for business”, which is much more predictable, transparent conditions for business both from the point of view of the Treasury and the regulators as to which entrepreneurs often complain that very often change – he said.

Deputy Prime Minister talking about the third pillar – capital for development – said: “our big dream is to make long-term development based on savings. savings tertiary-pillar, private savings, but also public savings are an essential element in the strengthening of the investment program, industrializacyjnego “. He also stressed the role of the EU and cooperation with private financial institutions.

“Sustainability program”

The fourth pillar, which relates to international expansion is to make m.in . through the Export Promotion Agency. Its task, he said Morawiecki, will look for external markets for the best Polish companies in Africa or Asia.

– Incredibly it is also important to the comprehensive development plan for the program it was sustainable. And the development of social and territorial development are to ensure: a pact for rural areas, effective regional policy and education – said Mateusz Morawiecki talking about the fifth pillar.

Hence the element of the plan is to be a departure from the “polarization and diffusion model” for more sustainable development. Morawiecki argued that development can not only be the development of metropolitan large cities, but you need to create a perspective for the development of cities and towns forgotten county.

– We have no easy legal highs, but we need to find a source of economic development. These five pillars to be a response to this demand – convinced the Deputy Prime Minister.

Polish Development Fund

One of the cornerstones of the plan, said Deputy Prime Minister, will create a new Polish Fund development, integrating a number of government agencies and financial institutions. They are: Export Credit Insurance Corporation (KUKE), Bank Gospodarstwa Krajowego (BGK), Polish Agency for Enterprise Development (PARP), Polish Information and Foreign Investment Agency (PAIiIZ), the Industrial Development Agency (ARP) and the company Polish Investment and Development (PIR) .

– We are working on the level of integration of these institutions, whether it is a group or holding, or will be fully integrated. I first of all want that all the horses pulled one way (…) I mean, that was the exchange of experience, exchange of information, strengthening the capital strength to construct the solution in the most modern – Morawiecki said.

Appointment PFR is one of the most controversial elements of the plan Morawiecki. According to PAP, the doubts against such a shape Fund has, among others, Ministry of Finance opposed the inclusion of his BGK, because it would mean the liquidation of the bank.

“We want to offer something different”

Beata Szydło referring to those disputes stressed that the development plan requires a different approach to the traditional functioning of the ministries that have specific areas of activity and focus in detail on the very narrow fields. – We want to offer something different (…) we want the ministry to open themselves – said the prime minister.

She said that at Tuesday’s meeting of the government stressed, speaking to ministers that this is a joint program who “realizes the whole government team.” – There is of paramount importance cooperation and synchronization of actions of individual ministries – she noted.

Mateusz Morawiecki said that the PFR is not the main and only source of capital for the implementation of the program. – He is largely organized capital. He has initiated some projects and has a complement either side of the debt or capital from the assembly lines of credit and financial implementation of individual projects, whether in infrastructure or different investment in the country or abroad – he stressed. Under the plan for investments in the coming years in total he has hit a trillion, including EU funds.

“We want to help Polish companies”

element of the plan are to be changes in public procurement law. – We want to help Polish companies to the participation in the infrastructure that they are stronger – said Morawiecki. In this context, he announced that the planned amendments to the Law on Public Procurement price will not always be decisive, it is equally important will be the quality of solutions.

Furthermore, under the plan, the Deputy Prime Minister announced support for start-ups based on cooperation with large domestic firms and to strengthen the cooperation between science and business.

the plan also – he added – is on the one hand, “come away from such a hyper competitive market, where the company’s market killing of micro, tiny, thin margins on cooperation between them. ” – Cooperation with research institutes, universities and the public administration, and not only in the framework of public procurement law – he stressed.

Programs Savings

In addition, the plan encourages Poles to save. May be incentive for example. Savings programs for employees with a formula based on the default participation Employee Pension Plans, IKE, IKZE. The response to the decline in labor demand will be, in turn, employee share ownership.

The Deputy Prime Minister stressed that the plan must be implemented “in a stable environment makrogospodarczym” and therefore the developers have a “huge eye on financial stability, on the public debt, on the budget deficit. ” – For all these parameters we have, of course, tremendous respect. We realize that we live in a rapidly changing international environment and we want to maintain this stability – he said.

Deputy Minister Jerzy Kwiecinski told journalists that the plan takes the form of “responsible development strategy.” – For this we need a few months, exactly half a year; This document will also require public consultation – he added.

PAP / IAR / aj

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