Polish senate appoints candidates to c.bank rate-setting council


WARSAW, Dec. 17 (Reuters) – The upper house of the Polish parliament on Friday nominated its candidates to become members of the central bank’s Monetary Policy Council next year when most of the cohort’s six-year terms expire current, senators announced on Friday.

Nine of the 10 members of the central bank’s rate-setting body are expected to step down in 2022. The board is appointed by the Senate, the lower house of parliament, the Sejm, and the president, with each party allowed to appoint. three. members each. The president also appoints the governor.

Marcin Bosacki, the head of the Senate of Poland’s largest opposition party, the Civic Platform, said the three candidates were Przemyslaw Litwiniuk, professor at the University of Warsaw, former deputy finance minister Ludwik Kotecki and Joanna Tyrowicz, who is also a professor at the University. from Warsaw.

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“Before Christmas we have good news for the Poles – we have good and competent professional candidates for the Monetary Policy Council at a difficult time,” said Bosacki.

The Senate will vote on the candidates in three weeks, he added.

The terms of the two current members of the MPC appointed by the Senate – Eugeniusz Gatnar and Jerzy Kropiwnicki, expire on January 25, while that of the third, Rafal Sura, end in November.

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Reporting by Pawel Florkiewicz and Alan Charlish Editing by Raissa Kasolowsky

Our Standards: Thomson Reuters Trust Principles.


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