Poland will pay its way
The Finance Minister said his ministry had zł.13.4 billion in cash and deposits on its accounts at the end of December.
Some analysts had worried the Ministry could face a shortage of cash this month because hefty EU fees are due. But Gronicki said the budget situation was comfortable.
"At the end of December we had zł.13.4 billion on different accounts, including zł.2.5 billion in the central bank. There is no question of a liquidity problem," the Minister said. (Reuters)
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Some analysts had worried the Ministry could face a shortage of cash this month because hefty EU fees are due. But Gronicki said the budget situation was comfortable.
"At the end of December we had zł.13.4 billion on different accounts, including zł.2.5 billion in the central bank. There is no question of a liquidity problem," the Minister said. (Reuters)
j.t.