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...

Locked content August budget deficit the lowest in 7 years

The budget deficit amounted to PLN 14.9 billion at the end of August 2016. It stood at 27.3 percent of this year’s budget deficit plan, the Ministry of Finance announced. It is therefore lower than the planned PLN 29.24 billion. The August deficit was PLN 11 billion lower than it was in August...

Locked content General Government deficit to stand at 2% GDP in 2019

Deputy Prime Minister Mateusz Morawiecki said at the Economic Forum in Krynica that the general government deficit will fall from three to two percent GDP by 2019. “I don’t have a problem when I think of the state budget for this and next year. I know it is very well managed and has a sa...

Locked content FinMin: Poland’s 2017 budget deficit at 2.9% of GDP

Poland plans to keep its 2017 budget deficit below the European Union’s limit of 3 percent of GDP, not exceeding a PLN 59.3 billion threshold, the Ministry of Finance informed on Monday. On August 22, the Ministry of Finance announced that the shortfall is planned at 2.9 percent of GDP. According to...

Locked content Budget deficit in July lower than planned

The budget deficit amounted to PLN 25.03 billion at the end of July 2016. It stood at 45.7 percent of this year’s budget deficit plan, the Ministry of Finance announced. It is therefore lower than the planned PLN 27.36 billion. In the January-June period, the deficit amounted to PLN 18.68 bill...

Locked content Budget deficit in VI lower than planned

The budget deficit amounted to PLN 18.7 billion at the end of June 2016. It stood at 34.1 percent of this year’s budget deficit plan, the Ministry of Finance announced. It is therefore lower than the planned PLN 22.6 billion. The June budget deficit is lower by PLN 7.5 billion than it was in J...

Locked content Budget deficit at PLN 13.48 bln after May

The budget deficit amounted to PLN 13.48 billion at the end of May 2016. It stood at 24.6 percent of this year’s budget deficit plan, the Ministry of Finance announced. By the end of May, budget revenues amounted to PLN 129.1  billion, or 41.1 percent of the annual plan. Budget expenditures st...

Locked content MF: Budget deficit plan 20.3% complete after April

The budget deficit amounted to PLN 11.1 billion at the end of April 2016. It stood at 20.3 percent of this year’s budget deficit plan, the Ministry of Finance announced. By the end of April, budget revenues amounted to PLN 105.4 billion, or 33.6 percent of the annual plan. Budget expenditures ...