Prime Minister in Davos on global economic reforms
24.05.2022
The main issues raised during this year's World Economic Forum in Davos were the challenges faced by governments and business as a result of the most groundbreaking geopolitical events of the past three decades – the war in Ukraine and the effects of a global pandemic. The head of the Polish government spoke to world leaders about the crucial events beyond our eastern border. In Switzerland, he encouraged politicians to introduce yet another – the sixth – package of sanctions against Russia as soon as possible. Prime Minister Mateusz Morawiecki's visit to Davos was also an opportunity for numerous meetings with the heads of major companies – such as Google and Intel.
Further sanctions against Russia
The effects of the war, such as rampant inflation, are not limited solely to Poland or the EU. It is a global problem. The war is being fought not only on the military front but also on the economic front. That is why Prime Minister Mateusz Morawiecki continues to call for tougher sanctions against Russia. The visit to Davos was an opportunity to meet with the most important politicians in order to promote the Polish position.
“The events taking place behind our eastern border will determine the course of events for the next decades," said the Prime Minister.
During the World Economic Forum, the head of the government pointed to the need to introduce yet another – the sixth – package of sanctions against Russia as soon as possible to stop its bestial actions in Ukraine.
“The West wanted cheap raw materials and peace of mind. Today, it has expensive raw materials and a war. Everyone knows that peace can only come when Russian soldiers leave Ukraine and it starts to be rebuilt," said the Prime Minister.
Poland attracts investors
The head of the Polish government attended numerous meetings with representatives of the world's largest technology companies, including Google, Intel, Honeywell and Dell. Poland wants to attract as many investors as possible to our country. New investments mean new jobs and higher wages. It is also an opportunity to smoothly navigate the global crisis that is approaching, for example, in Europe, the USA and China.
“We are in talks with a number of investors and I think that when we return from Davos in a few weeks, we will be able to announce further investments,” said the Prime Minister.
The head of the government reminded that new investors, such as AstraZeneca, were successfully attracted during the previous meeting in Davos. In the last few years, Poland has created a unique economic model that favours attracting investors willing to invest in innovations, advanced technologies, as well as research and development centres.
“Leaders of countries and investors look at our actions in the context of assistance provided to Ukraine with appreciation. It is the first time in years, maybe even in history, that Poland has such a positive brand and enjoys such recognition among investors and leaders of countries around the world,” he concluded.
Good state of the Polish economy
The leaders also discussed issues of global cooperation and measures to rebalance the economy. Talks included food and climate security as well as industrial transformation.
“In Davos, there is talk of a global recession and the threat of a global food crisis. Luckily, this does not apply to Poland – we are a big food exporter and one of the world's leading investment banks forecasts strong economic growth in Poland," the Prime Minister continued.
The head of the government also referred to the state budget result from April, when a surplus of several billion was recorded.
“There is talk of recession in the world, including here in Davos, whereas there should be no recession in Poland this year and or the next one," said the Prime Minister when summing up the condition of the Polish economy.
House of Russian War Crimes
During the World Economic Forum in Davos, an exhibition entitled "House of Russian Crimes" was organised. Prime Minister Mateusz Morawiecki visited the site. The participants in the event could see the tragedy of the war in Ukraine captured in photographs.
“There is a place in Davos that was supposed to show the world how great Russia is. Today, it shows how low it has sunk. It shows the effects of Putin's policies and what crimes Kremlin soldiers are committing every day in Ukraine," said the Prime Minister.