Morawiecki: deficit to reach PLN 50 bln

After achieving, for the first time in history, a budget surplus (PLN 6 billion) in H1, deputy PM Mateusz Morawiecki said that for the whole year, the budget deficit would reach PLN 50 billion, “or slightly below that figure.”

Poland’s deficit depends on early retirement – Morawiecki

Deputy PM Mateusz Morawiecki said Polish deficit will be lower than planned PLN 59.4 billion, however its size will depend on how many people will take advantage of a lower retirement age. In the first four months, the deficit reached 1.5 percent of the yearly plan, compared to 20.5 percent last yea...

Budget deficit at PLN 2.28 bln in Q1

The budget deficit amounted to PLN 2.28 billion at the end of March. It stood at 3.8 percent of this year’s budget deficit plan, the Ministry of Finance announced.

Locked content MF: Budget deficit at PLN 46.3 billion in 2016

The state budget deficit in 2016 amounted to PN 46.3 billion, which was 84.6 percent of the amount planned in the budget, the Ministry of Finance reported when presenting its preliminary estimates. The state budget deficit was higher by PLN 3.7 billion in relation to the deficit for 2015 (PLN 42.6 b...

Morawiecki optimistic about year-end budget

According to Deputy Prime Minister and Minister of Finance, Mateusz Morawiecki, the level of debt in Poland, at the end of 2017, will be lower than earlier forecasts had predicted. “The level of deficit at the end of the year is very likely to be lower than [was] planned originally. While lower R...

Poland’s deficit could exceed EU limit

Poland’s deficit, which is set to reach nearly PLN 20 billion next year, could exceed the 3 percent limit imposed by the European Commission, Puls Biznesu stated. The EU is skeptical that Poland will be able to keep its public sector deficit under its 3 percent threshold, indicating in its report th...

Locked content PLN 59.4 bln deficit approved for 2017

The 2017 deficit, amounting to PLN 59.4 billion has been adopted. This is one of the lowest deficits in the last ten years, Deputy Prime Minister and Minister of Finance Mateusz Morawiecki stated in the Sejm on Wednesday. Morawiecki said that in 2009 the deficit was PLN 99 billion and in 2010, PLN 1...