Poland’s first-quarter central government budget deficit totaled 23 billion zloty ($7.2 billion), or 65.6 percent of the full-year limit, the Finance Ministry in Warsaw said today in an e-mailed statement.
Revenue was 63.5 billion zloty, or 21.6 percent of the 2012 ceiling, while spending amounted to 86.5 billion zloty, or 26.3 percent of the cap, according to the statement. The deficit, which totaled 16.5 billion zloty through the end of February, is limited by the government’s 2012 budget law at 35 billion zloty.
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