However, future budget has huge deficit...
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MPs supported the government's budget amendment for this year. Plans to avoid a deficit for the first time in decades have been thwarted by the coronavirus pandemic. A big gap will appear instead of balance. The deficit will reach as much as PLN 109.3 billion.
232 MPs supported the amendment prepared by the government, 218 were against, and one abstained from voting on the proposed amendment to the budget act, which was forced by the crisis caused by the appearance of the coronavirus and the subsequent anti-crisis shields adopted in spring and summer, which activated mechanisms to help entrepreneurs and employees – from standstill, through salary subsidies, to loans canceled after three months.
This was openly admitted by the Minister of Finance Tadeusz Kościński, who said that the changes are aimed at finding funds to stimulate the economy after the crisis. The amendment is also necessary due to the update of the basic budgetary and macroeconomic parameters.
