Locked content Gov’t approves 2015 budget draft with PLN 46.08 bln deficit

The Polish government approved a draft budget law for 2015 on Wednesday. The draft stipulates for a deficit of PLN 46.08 billion. Budget revenues are expected to come in at PLN 77.48 billion in 2015. Budget expenditures are seen at PLN 81.28 billion. The government also expects a PLN 3.44 billion ne...

FinMin: GDP growth at 3.4% in 2015

Poland’s Ministry of Finance will suggest a 3.4 percent GDP growth forecast for the 2015 budget framework, Finance Minister Mateusz Szczurek was quoted as saying by the Polish Press Agency.

Poland to increase military spending

The Polish government is working on an act increasing military spending to 2 percent of  the GDP, Dziennik Gazeta Prawna reports. This means, that the army will be able to spend PLN 800 million more every year.

Locked content Dividends for state at 4 bln next year – source

Poland’s Ministry of Finance would like the state budget draft for 2015 to include planned dividend revenue of PLN 4 billion, according to a source quoted by the Polish Press Agency. The source said that the planned amount was in line with information provided by the Ministry of State Treasury, whic...

Locked content No more bond issues for this year’s borrowing needs

Poland’s Ministry of Finance has completed the market financing of the country’s borrowing needs for 2014, according to a statement quoted by ISBnews. After the summer vacation, the ministry will obtain new tranches of loans from international financial institutions in order to formally close the bo...