Bloomberg News

Polish Budget Deficit Narrows to 59.8% of 2012 Limit

July 16, 2012

Poland’s central government budget deficit narrowed to 20.9 billion zloty ($6.1 billion) at the end of June, or 59.8 percent of the full-year limit, the Finance Ministry in Warsaw said today in an e-mailed statement.

Revenue was 141.9 billion zloty, or 48.3 percent of the 2012 ceiling, while spending amounted to 162.8 billion zloty, or 49.5 percent of the cap, according to the statement. The deficit, which totaled 27 billion zloty through the end of May, is limited by the government’s 2012 budget law to 35 billion zloty.

To contact the reporter on this story: David McQuaid in Warsaw at dmcquaid@bloomberg.net

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


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