Privatization brings PLN 4.4 billion in 2013

Privatization proceeds amounted to PLN 4.4 billion in 2013 and proceeds from dividends in state-owned companies stood at PLN 6.4 billion, Poland’s Treasury Ministry told the Polish Press Agency on Wednesday. The government had earlier set the privatization revenue target for 2013 at PLN 5 billion. The final result accounted for 87 percent of that plan, the ministry said. For 2014, the Treasury plans to bring in PLN 1.2 billion from direct privatization and another PLN 2.5 billion from stock market transactions. Realization of minor direct transactions poses bigger difficulties at present, which is why the final amount of receipts to the budget from this source may change, the ministry added.