Central Banking

Poland succumbs to political pressure and pays more into state coffers

national-bank-of-poland

Senior officials at the National Bank of Poland have said the central bank will pay the government almost double the amount it originally intended to after a bout of pressure from lawmakers.

Two members of the Monetary Policy Council (MPC), Elzbieta Chojna-Duch and Anna Zielinska-Glebocka, told Reuters, a newswire, on Wednesday that the central bank's management board would revise the payment to be made to the Treasury from the Z4.2 billion($1.5 billion) figure announced earlier this month to as

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