Zero VAT on basic foodstuffs that he government has decided to maintain for the second half of this year will keep over PLN 5 billion (EUR 1.12 bln) in the pockets of Poles, the finance minister has said.
Poland's general government debt (EDP) reached PLN 1.512 trillion (EUR 323.40 billion) at the end of 2022, which is 49.3 percent of GDP, the Finance Ministry has announced.
The latest GDP data show that Poland may see a "soft landing" and avoid a recession, the Finance Ministry has said.
Poland recorded a PLN 18.3-billion (EUR 3.94-billion) state budget surplus after the first 11 months of 2022, the Finance Ministry has said.
Poland was among seven EU member states with the lowest general government deficit in 2021, the Ministry of Finance said on Friday quoting European data.
Poland's state budget has already financed 95 percent of its borrowing needs for this year, the Ministry of Finance has reported.
Poland recorded a PLN 27.7-billion (EUR 5.78-billion) state budget surplus after the first six months of 2022, the Ministry of Finance has said.
Poland's debt increased by PLN 11.5 bln (EUR 2.41 bln), or 1.0 percent, in June from the month before and reached PLN 1,179 bln (EUR 247 bln), the Finance Ministry reported on Wednesday.
The Polish government will present a preliminary budget for 2023 in August, a deputy finance minister has said.
Poles purchased a record amount of bonds worth PLN 14.72 billion (EUR 3.05 billion) in June, the finance ministry announced on Wednesday.
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