Locked content MF to sell PLN 1 bln short-term bonds

The Ministry of Finance informed that it will sell short-term bonds worth PLN 1 billion maturing in 11 months. The offer is targeted at individual investors and the bonds have a margin rate of 2 percent. This is the fourth extraordinary issue of such bonds since 2013.  Its aim is to boost the number...

Locked content Budget deficit at PLN 31 bln after September

The budget deficit amounted to PLN 31.13 billion at the end of September 2015. It stood at 67.6 percent of this year’s budget deficit plan, the Ministry of Finance announced. By the end of September budget revenues amounted to PLN 210.05 billion, or 70.7 percent of the annual plan. Budget expe...

Locked content MF expands working hours of selected tax offices

The Ministry of Finance has launched a pilot program aimed at increasing the availability of tax administration through expanding the working hours of selected tax offices. “From October 15 to November 30, visitors of four tax offices in the Łódzkie and Mazowieckie voivodships will be able to ...

Locked content MF: over 1 mln receipts registered in lottery

The Ministry of Finance said that over 1 million receipts were registered in a nationwide lottery that was launched on October 1. The first draw is scheduled for November 16. Every consumer who spends at least PLN 10 and saves the receipt may take part in the lottery and win a car, a tablet or…...

Locked content MF will sell bonds worth PLN 5-10 billion in Q4

Due to the upcoming parliamentary elections, the Ministry of Finance has decided to run only three bond auctions instead of four in the fourth quarter of this year. The ministry said that the 29th October tender will be the only “standard” one, while the other two will be swap bidding. P...

Locked content Finance Ministry will sell bonds worth PLN 4-6 bln

The Ministry of Finance will sell OK0717/PS0420 bonds maturing in 2017 and 2020, respectively, worth PLN 4-6 billion on a tender on September 24, the ministry announced. The ministry had earlier informed that  the type of bonds sold on the tender on September 24, will depend on “the market sit...

Locked content Poland prolongs credit to IMF till March 2017

In August 2015 Poland prolonged a credit agreement which was given to the International Monetary Fund (IMF),  to the value of €6,27 billion until March 2017. The Ministry of Finance emphasized that the assets of this bilateral credit have not yet been paid out and will probably remain untouched in t...

Locked content EUR 1,2 mln to be spent on anti-flood infrastructure

The Poland – Odra – Vistula Flood Management Project was signed by the Ministry of Finance and representatives of the World Bank on Tuesday.  This project predicts as much as EUR 1,2 million to be spent on anti-flood infrasturucture in the Vistula and Odra regions by December 2023. The r...

Locked content Budget deficit up to August lower than expected

The budget deficit amounted to PLN 25.9 billion at the end of August 2015. It stood at 56 percent of this year’s budget deficit plan, the Ministry of Finance announced. According to the 2015 budget, the deficit was expected to total PLN 27.99 billion, or 60.7 percent of the plan. The 2015 budg...