Municipal governments record surpluses in 2016 – Finance Ministry

According to Poland’s Ministry of Finance, the budgets of Poland’s local governments were set to end 2016 with a collective surplus. After 11 months of the year, they were PLN 19.1 billion in the black,  a Ministry press release said on Thursday. In comparison with 2015, consolidated revenues increased by 8.3 percent, to PLN 95.7 billion, after 91 percent of the spending (for 2016) had been allocated. The total amount of expenses paid to the municipalities from the government was higher by 4.5 percent, according to the Ministry’s preliminary analysis of the data, the release indicated.