The budget deficit amounted to PLN 13.3 bln (EUR 2.96 bln) after August, Deputy Finance Minister Piotr Patkowski announced on Tuesday, adding that the data suggest that Poland's economic situation is stabilising.
Poland's draft budget law for 2021 envisages a deficit of PLN 82.3 bln (EUR 18.7 bln), Finance Minister Tadeusz Koscinski said on Thursday.
Poland's budget deficit reached PLN 16.3 bln (EUR 3.72 bln) at the end of July, the Finance Ministry told PAP on Tuesday.
Poland's budget deficit reached PLN 17.12 bln (EUR 3.88 bln), the Finance Ministry said on its website on Thursday.
Poland's seasonally adjusted general government deficit stood at 4.1 percent of GDP in the 1st quarter of 2020, the EU's statistical office Eurostat announced on Wednesday.
Poland's budget deficit will increase to about PLN 100 bln (EUR 22.6 bln) this year due to the coronavirus crisis, Finance Minister Tadeusz Koscinski said on Wednesday as he reiterated his earlier estimates of a likely 4.5-4.6 GDP drop this year.
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.
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.
The Polish economy will contract by 3.4 percent in 2020 due to the coronavirus pandemic, the Polish government predicted in an updated Convergence Programme, an EU-required fiscal plan for the next three years.
Poland may run up a budget deficit exceeding 4 percent of GDP in 2020 and could be facing deflationary risks, PM Mateusz Morawiecki said on Tuesday night during a Q&A session on Facebook.
This site uses "cookies". By staying on it, you agree to the use of cookies.
