Poland's general government deficit likely below 1.7 pct of GDP

Deputy Finance Minister Jan Sarnowski. Paweł Supernak/PAP

The general government deficit was likely lower than 1.7 percent of Poland's GDP in 2019, Deputy Finance Minister Jan Sarnowski said at a meeting of a lower house sub-committee on Wednesday.

"Considering the result of the general government sector after the third quarter of 2019, calculated according to EU methodology, it should be expected that the sector's result in 2019 will be lower than planned in the draft budget law for 2019," Sarnowski said.

The 2019 budget law assumes a general government deficit of 1.7 percent of GDP.