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Brexit referendum won’t affect Polish budget: finance minister

PR dla Zagranicy
Alicja Baczyńska 15.06.2016 12:09
Polish Finance Minister Paweł Szałamacha has said that the result of Britain’s in/out referendum would have no impact on the country’s budget performance.
Finance Minister Paweł Szałamacha. Photo: PAP/Jakub KamińskiFinance Minister Paweł Szałamacha. Photo: PAP/Jakub Kamiński

“We can handle any result of the Brexit referendum, it would have no long-term impact on budget implementation by the Finance Ministry,” Szałamacha said following Tuesday’s session of the Council of Ministers.

“We have so far serviced 70 percent of our loans this year and have considerable liquidity reserves in the State Treasury,” he told journalists at a conference following the meeting.

“We may, of course, expect turmoil on the foreign exchange market both in the case of the pound sterling but also the złoty, nonetheless, we can cope with any outcome,” he added.

At the conference, Prime Minister Beata Szydło stressed that “it is crucial for Poland, the country’s economy, and the entire European Union that Britons stay in the EU.”

The statements come a week ahead of the Brexit referendum scheduled to take place next Thursday.

Survey’s released on Monday point to a lead in favour of those wanting Britain to leave the European Union. (aba)

Source: PAP

tags: brexit
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