Poland's Central Government Budget Gap At PLN16.37 Billion At End-Feb
March 15 2012 - 10:29AM
Dow Jones News
Poland's central government budget posted a deficit of 16.37
billion zlotys ($5.16 billion) in first two months of 2012, or
46.8% of the full-year target, the finance ministry said
Thursday.
Budget revenue totaled PLN46.39 billion, or 15.8% of the
full-year target. Of that, value-added and other indirect taxes
brought in PLN34.98 billion, 16.5% of the annual plan.
January-February budget expenditures amounted to PLN62.76
billion, or 19.1% of the annual target.
The ministry had the equivalent of EUR6.06 billion in foreign
currencies at its disposal at the end of February, it said in a
separate statement.
-By Patryk Wasilewski, Dow Jones Newswires, +48 22 447 2430;
patryk.wasilewski@dowjones.com