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PLN 21.7bn central budget deficit at the end of February


2013-03-17



In the first two months of 2013 the central budget showed a deficit of just under PLN 21.7bn (approx. €5.2bn), which represents 60.9% of the figure planned for the entire year, according to estimates from the Ministry of Finance.

State budget revenues amounted to PLN 42.8bn (€10.3bn) over this period, while expenditures totalled PLN 64.5bn (€15.5bn), which translates into 14.3% and 19.3% of the entire year’s plan, respectively.

The 2013 budget bill envisages revenues of PLN 299.4bn (€72bn) and expenditures of PLN 335bn (€80.6bn) , translating into a projected central budget deficit of PLN 35.6bn (€8.6bn).

The Ministry of Finance also released a first official estimate of budget execution for January-December 2012. It shows a deficit of PLN 30.4bn (€7.3bn), i.e. 86.9% of the plan, on revenues of PLN 287.6bn or €68.7bn (97.9%) and expenditures of PLN 318bn or €76bn (96.7%).

Central budget deficit in Poland at the end of February, 2004-2013



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