Poland's central bank reported a PLN 9.3 billion (EUR 2.05 billion) profit in 2020 and will transfer about PLN 8.9 billion (EUR 1.96 billion) from that amount to the state budget, Adam Glapinski, head of the National Bank of Poland (NBP) has said.
Last year's increase in the general government deficit was primarily generated by the launch of various aid packages to counter the negative impact of the Covid-19 pandemic on the economy.
A budget surplus of PLN 876.3 million (EUR 189.4 million) at the end of February shows that state revenues have remained at a stable level despite the Covid-19 pandemic, Poland's finance minister told PAP on Thursday.
A January-introduced retail sales tax will bring the Polish state budget at least PLN 1.5 billion (EUR 320 million) in revenues a year, the Polish finance minister said on Thursday.
Budget revenues remain stable despite pandemic and we have a surplus, Finance Minister Tadeusz Kościński has told PAP.
According to Finance Ministry estimates, last year's budget deficit came to about PLN 85 billion (EUR 18.9 billion), Finance Minister Tadeusz Koscinski told PAP on Wednesday.
Poland's expected 4-percent GDP growth this year appears unthreatened, the prime minister said on Tuesday.
Poland's GDP will grow by at least 4 percent in 2021, Prime Minister Mateusz Morawiecki told wPolsce.pl television on Wednesday.
The Polish budget deficit, which the government raised to the planned PLN 109.3 bln (EUR 24.3 bln) in the course of the year due to the coronavirus epidemic, reached only PLN 84 bln (EUR 18.7 bln), Mateusz Morawiecki, the prime minister, announced on Wednesday.
The Polish president has signed into law the 2021 budget bill envisaging a PLN 82.3-billion (EUR 18.3 billion) deficit.
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