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Results for "National Bank of Poland (NBP)"

13 stories found

Polish Experts Criticize Presidential and NBP Proposal on NBP Profits
Politicsrzeczpospolita1mo ago

Polish Experts Criticize Presidential and NBP Proposal on NBP Profits

Experts are criticizing a proposal by the Polish President and the head of the National Bank of Poland (NBP) that would allow them to decide how NBP profits are spent. Economists argue this is unconstitutional, as fiscal policy is the government's domain, and they list numerous other objections.

Poles Divided on Independence of Central Bank Under Adam Glapiński
Politicsrzeczpospolita1mo ago

Poles Divided on Independence of Central Bank Under Adam Glapiński

A recent poll reveals that less than half of Poles believe in the independence and apolitical nature of the National Bank of Poland (NBP) under its current head, Adam Glapiński, with experts noting political involvement can lead to higher inflation and monetary policy costs.

Polish Supreme Audit Office Launches Comprehensive Audit of National Bank of Poland
Politicsrzeczpospolitatvn241mo ago2 sources

Polish Supreme Audit Office Launches Comprehensive Audit of National Bank of Poland

The Supreme Audit Office (NIK) has initiated an unprecedented comprehensive audit of the National Bank of Poland (NBP), led by Adam Glapiński, to examine its entire financial management, including its annual budget and external contracts, with reports mentioning 'creative approaches to gold reserves' and the audit potentially lasting a year.