Control of ministries of Finance and development that took Deputy Prime Minister Matthew Morawiecki, this is a big challenge; it is important that this does not lead to irregularities in the financial management of the state, economists say, which she told PAP.
“the decision of the Prime Minister has removed the doubts concerning the one who is the head of the economic Council of Ministers. To return to the concept of the Economic Committee of the Council of Ministers will facilitate wicepremierowi Morawieckiemu impact on all economic departments. At the same time, having more powers, can’t use the argument that the existing weak attitude of his program of economic law connected with the absence of close cooperation and support from the colleagues of the Minister”, – told REUTERS chief economist at the BCC Professor Stanislav Mykola Shaforostov.
According to him Morawiecki assumes full responsibility for the economic program of the government, and the Prime Minister in these matters, recognizes its a secondary role. “In such a situation, returns to the question of how to reconcile the main objectives contained in the programme of investment Morawieckiego with the current government programme there is still in the pre-election period. The implementation of the programme of election leads to an increase in the share of consumption in national income, and therefore reduce savings. And the Program Responsible Development emphasizes the need for strong growth in the share of investment in national income through national investments”, – noted the economist.
Mykola Shaforostov sees the internal contradiction of these two goals. “Deputy Prime Minister Morawiecki must cope with the challenge of balancing these goals. It will be very hard not to deviate from some pre-election promises. However, it is possible for very large result, the seal system of taxation. So far brought very limited effects, and the budget for next year is also expected to have a relatively modest sealing effect of the tax system,” he said.
according to Him, the main task Morawieckiego will now review all methods of compaction of the taxation system and causing that they will be more effective. “It depends on the success of the economic program of the government,” he added. According to him, the Vice Prime Minister should do first and foremost tasks of the Ministry of Finance; the Ministry of development has an experienced Deputy Minister George Kwiecińskiego.
“the Key to success in the economic sphere is what is going to happen in the public finances. This is the area on which should be focused upon the Lord Morawieckiego. The challenge facing them is huge,” said Mykola Shaforostov.
according to former Deputy Finance Minister Cezary Fur lacks a system of tools that ułatwiałyby the work of the Minister of Finance and development. Meanwhile, he was responsible now for two different systems create economic growth, which is associated with the need for time-consuming. “At the same time, it may be that there will be synergy in the combination of development and public Finance,” said Moss.
“So we have to ask ourselves the question, whether his appointment to Deputy Prime Minister Morawieckiego also Finance Minister is justified in a situation when the Ministry of Finance lacks the modules for the efficient allocation of funds,” he explained. According to him, the Ministry of Finance should have the budget objectives, analyze project costs, in terms of expanding the future tax base and accounting of assets and in full of the obligations of the state.
moss is concerned that, given the previous experience of the Prime Minister Morawieckiego is a combination of the system approach of the Ministry of Finance with the financing of specific projects based however different from the Bank’s NPV (net present value, net present servant assessing the economic efficiency of the project – PAP) mode of selection can lead to the disruption of the financial management of the country.
“I See the need of selecting a large number of projects at the same time I am afraid that will not have time to adequately choose the right (…). So I’m afraid this area is too broad for the Deputy Prime Minister Morawieckiego, in the end, we use the experience of some Asian countries to avoid – despite the fact that it is we plan – out of area medium income – assessed.
he Cited the example of China, where since 2008. the collapse of the demand of people from rural areas to cities, causing a 2.5 fold increase in wages and the need for huge investments and restructuring of the country.
“In Poland, instead of having to use demographic collapse to provide a slow increase in wages limiting immigration and skłaniającego for the return of emigrants, has a policy of attracting hundreds of thousands of Ukrainians, the freezing of wages and improving the results of businesses based on cheap labor. Instead of using the increase in wages to make all employers of innovation and to allocate capital to financial institutions to Finance the necessary capital expenditure, spent money to buy przeszacowanych banks plans at the same time subjective support prorozwojowo selected industries that must be wrong,” he said.
Prime Minister Beata Shiloh said Wednesday at a press conference, Deputy Prime Minister Matthew Morawiecki will combine the post of Minister of development and Minister of Finance; the state is also the head of the Economic Committee of the Council of Ministers. The Prime Minister has accepted the resignation of former Finance Minister Paul Szałamachy.
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