Government, which created the office of Leszek Miller, should not, but probably will have to forego public expenditure rationalization plan, Deputy Prime Minister Jerzy Hausner. That is unfortunate. I can not imagine a majority in parliament, which will encourage further bills from the savings associated with Hausner social transfers. Virtually Hausner plan ended on four projects of laws which are in the Sejm, but no one knows what will be their final shape, because they are only after the first reading. It is therefore unlikely that this program was implemented before new parliamentary elections. A post-election situation in the public finances will be even more difficult. You will have to apply drastic spending limit, but the layout is not the post-election promises to be sensational, will not be easy to create a parliamentary majority.
Miroslaw Gronicki, chief economist at Bank Millennium
Key Bills related to the Deputy Prime Minister Jerzy Hausner plan is already in the Sejm. Parliament can enact them in April. If that happened, rationalization of public expenditure would not be jeopardized. Another issue is whether the appointment of a new government comes to early parliamentary elections. If so, depending on who will cover the government, Hausner plan may be continued, modified or waived by far. However, any changes would require a lot of time associated with parliamentary procedure. If the Hausner plan was abandoned, would have prevented the disaster of public finances, but we would have more to borrow in financial markets. A loan would be more expensive.
Rafal Antczak, an expert CASE
This part of the Hausner plan, which concerns the state expenditure limits should be implemented by any government that emerges after the Cabinet of Leszek Miller. Hausner and part of the program, which applies to tax increases, is harmful for the economy and it should not be put into effect. It is not known whether the new government will adopt in full the Hausner plan, whether it will modify, and if so, which side. Do you change the arrangements for expenditure restraint, which are insufficient to prevent the catastrophe of public finances?
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