Deficit to reach PLN 28 bln in 2019 – MF

Poland’s deficit will in 2019 amount to PLN 28 billion, Finance Minister Marian Banaś said on Wednesday. The minister’s representative added that the deficit is within the limits provided for by the Public Finance Act. It is to reach 1.7 percent of GDP. A nominally lower deficit was only recorded in 2009. In relative terms, this is the lowest planned deficit in history. However, many economists believe that the macroeconomic assumptions of the budget are conservative.

(PAP)