Locked content Czerwińska sees 2018 budget deficit at PLN 25 bln

The budget deficit for this year will be approximately 60 percent of the planned PLN 41.5 billion, Minister of Finance Teresa Czerwińska said to Interia.pl. This would amount to about PLN 25 billion. In the draft budget for this year, the government assumed GDP growth of 3.8 percent, however, after ...

Locked content Public debt in 2019 will decrease by 1.7 p.p – Czerwińska

Government debt will be reduced by 1.7 percentage points in 2019, Minister of Finance Teresa Czerwińska said. She added that Poland has very low debt for EU standards. On Tuesday the Council of Ministers adopted a preliminary budget for 2019. It assumes 3.8 percent GDP growth, 2.3 percent inflation,...

Locked content SAF-T to replace VAT declarations next year – FinMin

According to the Finance Minister Teresa Czerwińska, the Standard Audit File for Tax (SAF-T) will replace VAT declarations starting from 2019. In January, 94.5 percent of VAT taxpayers submitted SAF-T files and after the analysis, 85,000 of them were flagged as suspicious. According to FinMin, they ...

Budget deficit reached PLN 25.4 bln last year – FinMin

According to the Finance Minister Teresa Czerwińska, the budget deficit in 2017 amounted to PLN 25.4 billion, which represents 42.7 percent of the value planned in the budget bill, and lower by PLN 20.8 billion compared to 2016. “Such low deficit is not a surprise and has developed at the expected l...