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Polish state budget deficit in Aug. above 56pct of FY plan

Wyślij Print Pobierz added: Marek Kubel-Grabau | 2015-09-28 00:59:18
aktualności

Poland likely ended August with a cumulative YTD state budget deficit of PLN 25.9 billion, just over 56% of the full-year plan and is on track to fit just inside the F limit.

Poland likely ended August with a cumulative YTD state budget deficit of PLN 25.9 billion, just over 56% of the full-year plan and is on track to fit just inside the F limit, deputy Minister of Finance Hanna Majszczyk told reporters.
"VAT receipts performed a bit better than we expected, but you can still see the impact of deflation," Majszczyk said. Excise receipts "turned out clearly better" as did revenues from other budget units, she indicated.
To-date performance in 2015 suggests Poland will end the year with a deficit very close to its PLN 46.08 billion limit, she said.

http://www.warsawvoice.pl/WVpage/pages/article.php/32977/news