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Use more dividends for investment, says Polish minister

PR dla Zagranicy
Paweł Kononczuk 19.02.2016 12:52
Poland’s development minister has said he wants to see more dividends from state-controlled companies used to support investment plans.
Photo: Flickr.com/KMR Photography
Photo: Flickr.com/KMR Photography

Mateusz Morawiecki, who is also deputy prime minister, told Polish Radio that such companies may have other shareholders who are often "already rich" pension funds from abroad, banks, investment funds and trusts that benefit from profits generated by state-controlled firms.

"It makes more sense from the point of view of investment plans to leave a larger portion of these dividends for investment needs," Morawiecki said.

The Polish government on Tuesday adopted an ambitious plan, unveiled by Morawiecki, to inject some PLN 1 trillion into the country’s economy over the next 25 years. (pk)

Source: IAR

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