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IBnGR predicts lower budget deficit but says chance for change was wasted

"Budget revenues will be about zł.5 billion higher than anticipated, mainly thanks to growing CIT incomes, while the deficit after taking into account payments to the Social Insurance Fund (FUS) might amount to zł.52 billion, rather than zł.56 billion," said the IBnGR's Wojciech Misiąg. He also added that this year has already been wasted in terms of reforming public finances, adding the situation will get worse in 2005 due to a lack of custom revenues and the fact revenues will be growing slower than GDP. (Rzeczpospolita, pp. A1, B2) M.M.

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