Polish Finance Minister Rejects Proposal to Sell Gold Reserves for Military Funding
Deep News
8 hours ago
Poland's Finance Minister Andrzej Domański has dismissed suggestions to sell central bank gold reserves to finance military expenditures, advocating instead for prioritizing low-interest European Union loans. Domański stated that he firmly opposes funding the modernization of Poland's armed forces based on what he termed illusory future profits from the central bank. He explained that any gains from selling foreign exchange reserves could be negated by currency fluctuations within the current fiscal year, noting that the central bank has recently been operating at a loss.
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