Skip to content
Subscriber Only

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
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

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.