Locked content MF: PLN 976mln from privatization in 2016

The Ministry of Finance published a budget bill for 2016, which assumes that the profit from privatization will increase up to PLN 976 million in 2016, although the estimated amount for this year was PLN 106,65 million. “Similarly to previous years, the greatest profit from privatization will ...

2016 budget draft sets gap at PLN 57.18 mln

The Ministry of Finance has prepared a draft budget for 2016, which sets the budget gap at PLN 57.18 billion, compared with PLN 46.08 billion expected in 2015, according to unofficial information by Polish daily Puls Biznesu.

Locked content FinMin: Budget to be hit by FX-loan conversion bill

The Ministry of Finance said on Friday that if the law on  CHF-mortgage conversion would be adopted in the form it was approved by the lower chamber of the parliament, it would have a negative impact of PLN 3.5 bln on CIT receipts of the Polish state budget in years 2016-2018 and of PLN 0.1…

Locked content MF: budget deficit at PLN 26.59 bln

The budget deficit amounted to PLN 26.59 billion at the end of July 2015. It stood at 57.7 percent of this year’s budget deficit plan, the Ministry of Finance announced. By the end of July budget revenues amounted to PLN 163.48 billion, or 55.5 percent of the annual plan. Budget expenditures s...

Locked content KGHM paid PLN 334.1mln mineral tax in June

Copper mining giant KGHM paid PLN 334.13 mln tax on copper and silver extraction in June, as Finance Ministry data indicated. In H1, Poland collected PLN 885.31 mln from the mineral tax. The ministry said that it targets PLN 1.45 bln in 2015 revenues from the tax. Meanwhile, Finance Minister Mateusz...

Locked content MF lottery to run in November

A nationwide lottery which is organized by the Ministry of Finance will be launched in mid-November, Puls Biznesu daily reported quoting the ministry. 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 a laptop. The lottery was ann...

Locked content MF will trade bonds in June

The Ministry of Finance will sell OK0717/WZ0120/DS0725 bonds maturing in 2017-2025 worth PLN 1-4 billion on a tender on June 11, the ministry announced. On June 25, the ministry will carry out a swap bidding, where OK0715,DS1015 bonds will be available for repurchase. In May, the Ministry of Finance...

Locked content Public debt up by 0.5% in March m/m

The state public debt of Poland grew by 0.5 percent month-on-month and reached PLN 806.423 billion at the end of March, according to data from the Ministry of Finance. The debt denominated in złotys has increased by 3.4 percent since end-2014. Domestic debt stood at PLN 532.46 billion, an increase o...