Bloomberg News

Polish End-February Budget Deficit Widens to 16.4 Billion Zloty

March 15, 2012

Poland’s central government budget deficit for the first two months of 2012 totaled 16.4 billion zloty ($5.16 billion), or 46.8 percent of the full-year limit, the Finance Ministry in Warsaw said in an e-mailed statement today.

Revenue was 46.4 billion zloty, or 15.8 percent of the 2012 target, while spending amounted to 62.8 billion zloty, or 19.1 percent of the cap, according to the statement.

The deficit, which in January totaled 5.3 billion zloty, is set by the government at 35 billion zloty this year.

To contact the reporter on this story: Dorota Bartyzel in Warsaw at dbartyzel@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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