Only PLN 1.8 bln missing from state coffers
21:17
From the beginning of the year to the end of September, the government spent PLN 297.8 billion. At the same time, the state coffers received PLN 296 billion. This means that the budget deficit is exactly PLN 1.8 billion, i.e. 6.3 percent of the deficit in this year’s budget of PLN 28.5 billion, the Ministry of Finance said.
The Ministry of Finance added that the revenues generated in the January-September period were by PLN 23.2 billion higher than a year earlier. Tax revenues were higher by approximately PLN 19.1 billion compared to the same period last year.
The state budget’s expenditure in the January-September period was 10.4% higher than in the same period last year when it amounted to PLN 269.7 billion.
The justification for the draft budget for 2020 shows that the expected state budget deficit at the end of 2019 will amount to PLN 11.98 billion, compared to the maximum sum of PLN 28.5 billion envisioned in the Budget Act for 2019.
