General government debt reached PLN 44.73 bln in 2016

The general government debt, i.e. the deficit of central and local governments, stood at PLN 44.73 billion at the end of 2016, an decrease from PLN 46.19 billion in 2015, according to data compiled by Poland’s Central Statistical Office (GUS).

General government deficit lowest in 9 years

The general government deficit, i.e. the deficit of central and local governments and the social security funds controlled by these units, amounted to 2.3 percent of GDP last year and was the lowest since 2007, the European Commission said. For 2017-18, the Commission forecasts that deficit will amo...

Locked content General government deficit at 51%

The general government deficit, i.e. the deficit of central and local governments and the social security funds controlled by these units, stood at PLN 895.81 billion in Q2, compared with PLN 886.45 billion in Q1, according to data compiled by Eurostat. At the end of Q2 2014, the deficit stood at PL...

Locked content General government deficit at 50.2% of GDP in 2014

The general government deficit, i.e. the deficit of the central and local governments and the social security funds controlled by these units, stood at 50.2 percent of GDP, compared with 55.7 percent of GDP at the end of 2013, the Ministry of Finance informed. The public deficit amounted to 47.9 per...

Locked content General government deficit at 3.6% GDP in Q3

The general government deficit, i.e. the deficit of the central and local governments and the social security funds controlled by these units, stood at PLN 15.3 billion in Q3, which corresponds to 3.6 percent of GDP, the ministry of finance informed. “The deficit of central and local government inst...

Locked content Excessive deficit procedure likely to be lifted in 2016

Poland’s Ministry of Finance believes that the European Commission may close the excessive deficit procedure for Poland in 2016, based on data on deficit in 2015, the ministry’s chief economist Ludwik Kotecki was quoted as saying by the Polish Press Agency. In November 2013, the EC said that Poland ...