The government adopted a draft budget for 2015 – Business Pulse

The government adopted a draft budget for 2015 – Business Pulse

“The draft budget for 2015 is planned: the state budget in the amount of 297,252,925 thousand. Zł, the budgetary expenditure – 343 332 925 thousand. Zł budget deficit in the amount of not more than 46,080,000 thousand. Zł” – reads in the message.

The growth of state budget revenues in 2015. macroeconomic factors will influence and effects resulting from planned for next year system changes:

– GDP growth (in real terms by 3 , 4%),

– the average increase in prices of goods and services (1.2%),

– nominal wage growth in the national economy (4.3%),

– employment growth in the national economy (0.8%),

– private consumption growth (in nominal terms by 4.2%), reported CIR.

“Tax revenues in 2015. amount to 269,820,001 thousand. zł, it is 4.6% more than in the previous year. relationship of these revenues to GDP in 2015. reach 15.2%” – reads.

VAT revenue will amount to 134,630,000 thousand. zł, and their ratio to GDP in 2015. amount to 7.6%. Revenues from the excise tax is scheduled to 63,570,000 thousand. zł, their ratio to GDP is 3.6%.

“In addition, it is planned that the state budget will m.in .: of gaming tax – 1,250,000 thousand. zł, income tax legal persons – 24,530,000 thousand. zł, with dividends and distributions from profit – 6,245,150 thousand. zł, from the duty 2,394,000 thousand. zł. in 2015. not expected to influence the budget of the Polish National Bank profit “- currently referred to in the message.

The government estimates that in 2015. budget revenues from personal income tax will amount to 44,390,000 thousand. zł.

“Next year’s budget was constructed using sustainable, stabilizing expenditure rule. rule, which is applied for the first time in a binding manner, is close to the recommended by the European Commission generally consistent ESA 95, which determines the level of expenditures for almost all sectors of the general government “- we read in the material.

In the year 2015 – as in previous years – will be frozen in principle wage bill in the public sector, with some exceptions, for example. sector and local government remuneration of public universities. They grow at a nominal rate of 9.14% per annum to the end of 2015 its growth has reached a total of 30%, reported the CIR.

The share of the state budget expenditures in GDP in 2015. Reach 19.4% that is, they will increase in relation to 2014. 0.2 percentage points.

“It is assumed that the state budget deficit in the amount of 46.080 million zł and a budget deficit of European funds in the amount of 3435.5 million zł. estimated that revenues from privatization in 2015. amount to 1,200.0 million zł, and Expenditures – 3633.9 million zł. negative balance will be covered by increasing the funding of domestic and foreign “- is also given in the message.