The general condition of the Polish economy is good, Finance Minister Jacek Rostowski told the lower house of Polish parliament on Thursday while presenting a 2009 budget draft.
"At present there are no premises to lower the forecast of the economic growth in 2009," Rostowski said but did not rule out that in future it could be necessary to revise macroeconomic indices.
"The credit for the present condition of the Polish economy and banking sector goes to the governments after 1989 and Poles' wisdom," Polish news agency PAP quoted the minister as saying.
According to the minister, Poland is one of the countries that are best-prepared for the present hard times.
The draft budget for 2009 is another step designed to improve medium-term condition of the Polish economy, Rostowski said and stressed that this would strengthen Poland's economic position.
Speaking about the ongoing financial crisis, Rostowski said it might influence economic growth of Poland's neighbors. "And it may turn out that in such situation the government will be forced to lower the planned growth, and revise incomes and spending," he said.
Rostowski stressed that the reduction of public debt was one of the priorities of the Donald Tusk government. A low debt is the foundation of stable public finances. And it makes it possible to secure state needs irrespective of economic growth fluctuations, he added.
The finance minister said that Poland's joining the euro zone in 2011 was an ambitious goal but a feasible one.
The first half of 2009 is the best moment to enter ERM2, the minister said.
In mid-2011 Poland will ask the European Commission for its confirmation of Poland's readiness to adopt the euro, and Poland will officially join the euro zone on January 1, 2012, he stressed.
Source: Xinhua
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