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Budget deficit in H1 2005


At the end of June 2005 the budget deficit amounted to PLN 18.5bn, i.e. 52.9% of the figure of PLN 35bn (€8.5bn) planned for the year as a whole, the Ministry of Finance has announced.

During the period in question, state budget expenditure equalled PLN 104.9bn (€25.5bn), while revenues stood at PLN 86.4bn (€21bn), i.e. 50% and 49.5% of the plan for 2005 respectively.

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