Government tightens borders of 2006 budget deficit

Earlier in June, the budget was based on a forecast of expenditures of just below zł.212 billion with revenues of between zł.184-189 billion, marking a budget deficit of zł.28-34 billion. The revised budget envisages a deficit of zł.30-32 billion, which is 3.2% of GDP, said Economy Minister Jacek Piechota. The tighter deficit is the result of the program to meet the criteria of the Maastricht Treaty. The final budget draft will be sent to Parliament before September 30, and might be further amended by the new government. (Parkiet, p. 7)