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Poland Proposes $2.4 Billion Tax Cuts to Tame High Inflation

Government seeks to boost central bank efforts to curb prices
Moves will hasten return to target inflation, rate setters say

Power Generation in Germany — Photographer: Krisztian Bocsi/Bloomberg

By

Dorota Bartyzel and

November 25, 2021, 10:31 AM UTCUpdated onNovember 25, 2021, 2:05 PM UTC

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Poland will temporarily cut taxes on household energy bills in a bid to help the central bank stem surging inflation that has become a major concern for the nationalist ruling party’s electorate.