WARSAW, July 14 Poland will significantly scale
down its 2014 privatisation income goal of 3.7 billion zlotys
($1.2 billion), Poland's treasury minister was quoted as saying
"One can expect a significant correction," Wlodzimierz
Karpinski told the Polish edition of Bloomberg Businessweek.
"Privatisation is not a goal in itself. We are concentrating
mainly on building the value of our strategic companies."
Poland's treasury cut the number of companies under its
supervision to around 240 from almost 8,500 after the fall of
But income from state sales, which helped Poland weather the
global financial crisis, has been falling since a 2010 peak of
more than 22 billion zlotys.
The aim for this year was to raise 2.5 billion zlotys
through flotations on the state-controlled Warsaw bourse
and 1.2 billion from smaller sales. As of the end of
June, the treasury had booked sales of 770 million zlotys.
($1 = 3.0434 Polish Zlotys)
(Reporting by Adrian Krajewski; editing by Jason Neely)