Poland recorded a PLN 18.9 billion (EUR 4.2 billion) budget deficit after April 2020, the Finance Ministry reported in a communique on Monday.
The Polish State Treasury debt at the end of April 2020 stood at PLN 1.07 trillion (EUR 240 billion), up by PLN 35.4 billion (EUR 7.7 billion) or 3.4 percent from March, the Finance Ministry reported on Wednesday.
Poland's Ministry of Finance does not rule out a downward correction to its current GDP growth forecast of minus 3.4 percent, the deputy director of the ministry's macroeconomic policy department, Joanna Beza-Bojanowska, told a Wednesday press conference.
Poland's Ministry of Finance sold savings bonds to a record value of PLN 5.4 billion (EUR 1.18 billion) in April , Deputy Finance Minister Piotr Nowak announced in a Friday press release.
Poland's budget deficit reached PLN 9.4 bln (EUR 2.07 bln) in the first three months of the year, the Finance Ministry reported on Thursday. The data point to the first effects of the coronavirus crisis on the state budget.
Poland's Finance Ministry had at its disposal the equivalent of EUR 6.76 billion at the end of March 2020, up from EUR 6.38 billion at the end of February, the Finance Ministry wrote in a Wednesday statement.
Global ratings agency S&P has maintained Poland's A- long-term foreign currency debt rating, pointing to the country's diversified economy, safe debt levels and strong macroeconomic foundations, Poland's Finance Ministry said in a Friday evening news release.
Poland has financed around 95 percent of its gross borrowing needs foreseen in the 2020 budget law, the Finance Ministry wrote on Thursday.
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.
Poland received EUR 383.35 million from EU funds in November 2019, including EUR 87.8 million in current transfers and EUR 295.55 million in capital transfers, the Finance Ministry said in a statement on Thursday.