Spending cuts signed into law will result in budget savings of zl. 3 billion

During the final days of December President Aleksander Kwasniewski signed into law the spending cuts necessary for next year's budget draft, introducing amendments to bills such as the Teachers' Charter, which will slow increases in teachers' salaries and save about zl.1.8 billion. According to the document, the State Agricultural Property Agency (AWRSP) will contribute zl.420 million to budget funds due to liabilities and costs borne by alcohol and cigarette producers printing their own excise bands. A cut in spending on public roads will produce another zl. 800 million. Total savings will amount to zl.3 billion. The government proposed the budget draft decreasing the economic deficit to 1.6% of GDP, assuming that the Sejm will vote through planned savings measures, amend a few bills and cut spending. (Puls Biznesu, p. 3) M.M.