Locked content Skiba: budget deficit seen 40-50% lower than expected

Tax revenue will significantly exceed the amount planned in 2018 budget, Deputy Finance Minister Leszek Skiba said. The budget deficit should be 40-50 percent lower than expected for this year, he added. At the beginning of October, Finance Minister Teresa Czerwińska said that 2018 deficit should am...

Locked content Poland could adopt euro, after euro zone reforms – FinMin

According to Deputy Finance Minister Leszek Skiba, Poland could adopt euro as its currency, but only when the reform of euro zone is complete and there are strong economic arguments for that. “The position of the Polish government is such that we can imagine a moment when Poland will be ready to ent...

Locked content Tax collection must improve by PLN 12 billion – dep FinMin

Poland’s tax collection must improve by roughly PLN 12 billion next year for the deficit to remain below 3 percent of GDP, the level recommended by the European Union, Reuters reported quoting an interview with Reczpospolita. “We preliminarily estimate that the gap, which must be covered...