Poland's 2020 budget with minor deficit possible - gov't spokesperson

Polish government spokesperson Piotr Mueller told a radio broadcaster on Thursday that "it is possible that Poland's budget in 2020 will have a minor deficit due to the potential lifting of the cap on social security premiums."

"The draft budget bill provides for equal incomes and spending. However, I do not rule out that (...) a minor deficit will appear next year, just like it did over recent years," Mueller added.

The official also said that such a minor deficit "is not a problem," and admitted that this "is a probable scenario."

The 2020 draft budget, adopted by the government in late September, foresees income at PLN 429.5 billion (EUR 98.07 billion) and expenditure at PLN 429.5 billion (EUR 98.07 billion).