Poland's local governments post EUR 376 mln deficit in 2019

Polish local governments posted a PLN 1.70 bln (EUR 376 mln) deficit in 2019, several times lower than the PLN 18.43 bln (EUR 4.07 bln) planned for last year, the Finance Ministry said in its final report.

The final figure is very much in line with the ministry's preliminary estimate, published on February 26, which indicated a deficit of PLN 1.68 bln (EUR 371 mln).