State Treasury debt up in January

The State Treasury debt increased by 1.4 percent month-on-month in January and amounted to PLN 790.79 billion, Poland’s Ministry of Finance informed. "The debt increase was caused mainly by financing a net loan for the state budget (PLN 4.5 billion) and changes in currency exchange rates (PLN 3.8 billion)," the statement reads. Domestic debt amounted to PLN 510.34 billion at the end of January 2015 (up by 1.4 percent compared to December 2014). Foreign debt stood at PLN 280.46 million, an increase of 1.3 percent m/m.