Treasury debt inches up in April

The debt of the State Treasury of Poland grew in April by PLN 1.11 billion, to PLN 942 billion, the Ministry of Finance said. What’s more, since the beginning of the year, the statement read, debt has risen by 1.5 percent.

The Ministry listed several reasons for the increase: borrowing accounted for PLN 1.7 billion, and the strengthening of the Polish currency accounted for PLN 1.5 billion. At the same time, balances on budget accounts increased by PLN 2.7 billion.

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