Locked content Budget deficit at 2.5% of GDP, public debt at 54.1% in 2016 – GU...

Budget deficit stood at 2.5 percent of GDP in 2016, according to the revised figures published by GUS, marking an increase over the earlier flash estimate of 2.4 percent. Meanwhile public debt amounted to 54.1 percent of GDP, which is lower than the 54.4 percent flash estimate announced in April. Po...

Locked content Budget deficit at 2.1% in 2017 – World Bank

Poland’s budget deficit will amount to 2.1 percent of GDP in 2017, and then it will grow to 2.6 percent in 2018 and 2.7 percent in 2019, according to forecasts prepared by the World Bank. “All forward indicators for Poland’s economy are strong, there is clear stimulation from private consumption,” s...

Locked content Public finance deficit at PLN 50 bn – Morawiecki

The deficit in Poland’s public finance sector will come in at approximately PLN 50 billion this year, while the budget deficit alone should amount to “thirty-something” billion zloty, Deputy PM Mateusz Morawiecki said in an interview for TVP Info. In the budget bill for 2018, budget deficit for this...

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...