Investments: A Necessary but Incomplete Strategy
Tatała acknowledged Poland’s pressing issue of a low investment rate, currently trailing behind regional and EU averages. – We have been experiencing a steady decline from around 20% to numbers closer to 17% of GDP – he pointed out, emphasizing the need for stronger private-sector participation. He argued that while public investment has historically stimulated growth, a sustainable breakthrough hinges on unlocking private capital.
While it is positive that the government wants to cooperate closely with entrepreneurs, one of Tatała’s main concerns was the lack of clear measures to stimulate private investment. – Poland should focus on building a more friendly business climate – he stressed, highlighting the importance of deregulation at both the national and EU levels. Simplifying tax regulations and digitizing bureaucratic processes were among his recommended steps.
Energy transformation and competitiveness
Energy costs remain a major challenge for Polish businesses. While Tatała welcomed nuclear energy initiatives, he cautioned that results would take years to materialize. – The expectation to improve competitiveness is now, not in 10 years – he warned, urging immediate measures to lower energy prices and support industry competitiveness in Poland and the EU.
Despite the grand vision, Tatała pointed out that concrete details were missing. – This should be a time for doing, not just writing or speaking about these changes – he said, calling for clear goals, deadlines, and measurable KPIs.
Words into action
While Tusk’s plan lays the groundwork for economic transformation, Tatała’s insights underscore the need for deeper structural reforms and a more detailed execution roadmap. The success of the “Year of Breakthrough” will depend on the government’s ability to move beyond rhetoric and implement policies that truly encourage private-sector growth.
For a deeper dive into Tatała’s analysis and expert recommendations, watch the full interview on TVP World’s Bottom Line here>>