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Economy

No budget deficit in 2020

05:03

No budget deficit in 2020
Image by Bruno Glätsch from Pixabay

The Council of Ministers has preliminarily approved the draft budget for 2020, with projected growth at 3.7 percent, against 3.8 percent forecast for this year. This is the first budget since 1990 that does not expect to have any deficit, with expenditures and income set at PLN 429.5 billion. The public finance sector deficit (according to EU methodology) is set at 0.3 percent of GDP.

(Money.pl)

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