Treasury debt at PLN 740.37 bln

The total debt of Poland’s State Treasury amounted to PLN 740.37 billion at the end of May 2014, according to data from the Ministry of Finance quoted by ISBnews. It grew by 0.4 percent month-on-month and by 11.2 percent compared with the end of 2013. The growth mostly resulted from the financing of the state’s net borrowing needs (PLN 2.5 billion) and from budget account changes (PLN 2.9 billion), the ministry said. Domestic debt amounted to PLN 484.01 billion, up by 1.3 percent m/m. Foreign debt stood at PLN 260.36 billion and fell by 1.7 percent m/m.