FinMin: general government deficit at 3.1-3.2% in 2016

Paweł Szałamacha, the Finance Minsiter, said in an interview with Rzeczpospolita that the general government deficit will stand at 3.1-3.2 percent in 2016. "It might be three percent or 3.1-3.2 percent. ... I'll provide details when we direct a draft budget to the council of ministers. According to him, next year's deficit will depend on how fast sectoral taxes will be introduced. "The deficit will also hinge on dividends from state-owned companies. The Minister of the State Treasury is not an supporter of increasing them because firms have their investment plans," Szałamacha said.