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Poland doubles privatisation target

The Polish government has reportedly declared it aims to raise $1.9bn (€1.3bn) in revenues from the sale of state assets this year, double the figure published in its budget plan, as international banks expand their teams to compete for the biggest deals.

Polish Treasury Minister Aleksander Grad said in an interview with Poland's Radio PIN cited by Bloomberg that the government plans to sell stakes in 300 companies this year and aims to raise $11bn in privatisation revenues over the next four years. Poland had planned to sell assets worth $942m this year, according to Bloomberg.

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