MF: 2015 deficit was not higher than PLN 44 billion
15:09
The Ministry of Finances announced on Tuesday that the nation's budget deficit did not exceed 44 billion PLN in 2015, meaning that the government managed to keep the shortfall within 3 percent of Poland's GDP.
This renders the first estimate of the deficit made on January 26 invalid, in which the Ministry reported a deficit 3 billion PLN greater than the current one. A press officer explained that this change is due to additional savings in the form of unrealized expenses from the 2015 budget as well as increased tax inflows in December.
PAP reports that a full detailed report regarding the public sector's finances will be published in April.