Marek Sawicki from PSL is not satisfied with the MPC headed by Slawomir Skrzypek.
“This council does not take care about economy. Its policy does not support economic growth and creating new jobs. Interest rates are too high. Six months ago, the MPC started to increase rates. In effect, the zloty is overappreciated, which is a big problem to exporters”, Marek Sawicki said.
In his opinion, the MPC should take care of economic growth, support entrepreneurs and creating new jobs.
“If the central bank will continue supporting creating new jobs abroad, we should consider changing the head and members of MPC. The duties of the council should be considered as well”, PSL MP believed.
Today, the National Bank of Poland has to see to stabile price level.
Citizens Platform representatives do not agree with its future coalition partner at that point.
“There are no chances that constitution will be changed and the independence of the central bank changed. It’s out of the question. When MPC raised interest rates, it cared for low inflation and stability of the zloty. It is overapreciated, that’s true. This may disturb Mr. Sawicki because exporters are having troubles. But they may be helped with means which will help all entrepreneurs: economic reforms, getting rid of barriers, simplifying the tax system, privatization, and not with artificial rules and changes at MPC”, Zbigniew Chlebowski from PO said.
Experts agree with him.
“Strong zloty is better for economy than a weak currency. It balances the increases of fuel prices worldwide for example. We must remember about consequences for the whole economy, and not only one, even very important, group of exporters”, Malgorzata Krzysztoszek from the Polish Confederation of Private Employers said.
She believes that it is more important for the MPC
to keep inflation within the planned target than to care for weak zloty to
support exporters.