Deficit in 2004 is lower than planned by government

APA - Austria Presse Agentur
24-01-2005, 13:16

Warsaw (Puls Biznesu) – In 2004, budget deficit amounted to PLN 41.5 billion (EUR 10.2 billion), or 91.6 percent of the plans, the Ministry of Finance said. The budget received PLN 156.29 billion, i.e. 1.1 percent more than it expected. Expenditures amounted to PLN 197.79 billion, or 99 percent of plans.

Warsaw (Puls Biznesu) – In 2004, budget deficit amounted to PLN 41.5 billion (EUR 10.2 billion), or 91.6 percent of the plans, the Ministry of Finance said. The budget received PLN 156.29 billion, i.e. 1.1 percent more than it expected. Expenditures amounted to PLN 197.79 billion, or 99 percent of plans.

Bigger incomes are connected with higher earnings from CIT. They amounted to PLN 12.9 billion, or 34.6 percent more than expected. Indirect taxes brought PLN 101.13 billion, or 97.5 percent of the plans. Duty incomes amounted to PLN 2.28 billion, or 18.6 percent more than the budged foresaw. Expenditures connected with debt repayment turned out to be smaller than expected.

(PLN 1 = EUR 0.245)Poland/Economy/Budget

 

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Podpis: APA - Austria Presse Agentur

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