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The surplus in the state budget is a complete fiction: Witold Orłowski

23:52

The surplus in the state budget is a complete fiction: Witold Orłowski
Source: eNewsroom

The government initially adopted the draft budget for 2022. However, economists point out that many funds and expenses are not included in the draft budget. The Ministry of Finance, speaking of the budget plan for next year, assumes 6 percent of GDP – but this is only an estimate. Some economists point out that the budget presented for some time no longer reflects the actual state of the state's finances. Many of them accuse the government of creative accounting and passing huge resources through various types of state bodies that are not included in the budget plan.

"The problem is that we do not know what the finances of the Polish state look like. The method of reporting has turned into complete fiction. The government is free to invent the number presented as the budget result. This year it showed exceptional ingenuity – because it decided to show that it is a budget surplus, which is obviously absurd," Professor Witold Orłowski, an economist, said.

"It is a secret how much the Polish state spends and how much more income it has. However, various information shows that it is the sum of a deficit of about PLN 100 billion. We have reached a dramatic situation, as budget reporting has turned into a real comedy. We also do not have access to reliable sources. Of course, you can wait for the Eurostat results, which will only be in April next year – but that is far too long. Therefore, we now have to work with a sense of what the state's situation might look like – and also bear in mind that there are many possible scenarios. But it is definitely not a surplus in the state budget," Orłowski assessed.

(eNewsroom)

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