Budget revenues remain stable despite pandemic and we have a surplus, Finance Minister Tadeusz Kościński has told PAP.
Poland has experienced one of the least damaging recessions in the European Union, the finance minister has claimed during a video conference of his European peers.
Poland’s finance minister has said new GDP data shows that the economic results for Q4 last year and the whole of 2020 were “significantly better” than expected.
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.
Polish GDP may have fallen by less than 3 percent last year despite the battering the pandemic inflicted upon the economy, the finance minister has claimed.
The Polish government will spend 30 percent of its allotment of EU post-pandemic recovery funds on Green Deal projects and 25 percent on a digital agenda, in line with EU recommendations, the finance minister has said.
According to estimates, Poland's public deficit in 2020 did not reach above 10 percent of GDP, the Polish finance minister said on Thursday.
Current pandemic restrictions should be eased in the coming weeks, and most could be lifted entirely by the turn of the second and third quarter, Poland's finance minister said on Wednesday.
The Polish economy will have one of the “shallowest” recessions in Europe, the finance minister has claimed.
New OECD figures show that Poland will be one of the “countries least affected by the pandemic crisis” the finance minister has claimed.