Skip to content
Advertisement

Business

Budget deficit prognosis under review but no change to plans as such

The budget deficit after May will amount to between 33-35%, while by the end of June it should not exceed 45% of the annual plan, announced Elżbieta Suchocka-Roguska, the deputy finance minister. The Finance Ministry estimated earlier that by the end of June the deficit would amount to 57% of the planned zł.45.3 billion revenue for this year, although currently the prognosis is being modified. Elżbieta Suchocka-Roguska also said that the Ministry is not making any changes to the planned revenues to the budget for this year, according to which 83% of the revenues will be collected by the end of Q3. It was also revealed that work has begun on preparing the 2005 budget, which should see a budget deficit of not higher than zł.38.8 billion. (Parkiet, p. 7) A.K.

More from Business All