Poland's budget surplus at EUR 2.00 bln at end-April - FinMin

Poland recorded a PLN 9.2-billion (EUR 2-billion) state budget surplus after the first four months of 2022, the finance minister has indicated.

This compares to a PLN 0.3-billion (EUR 65-million) deficit in the Q1, Magdalena Rzeczkowska wrote in a comment on Tuesday.

"In April 2022, state budget revenues rose by 4.3 percent year on year or by around PLN 2 billion (EUR 434 million), to around PLN 48 billion (EUR 10 billion)," the statement read.

"In January-April 2022, the execution of the state budget revenues reached PLN 168.1 billion (EUR 36.52 billion) and was higher by PLN 21 billion (EUR 4.56 billion), or 14.3 percent, compared to January-April 2021," Rzeczkowska said.

According to the budget law for 2022, the government's revenues should reach PLN 491.9 billion (EUR 105 billion) while expenditures should be at PLN 521.8 billion (EUR 111.38 billion).