Tuesday, June 9, 2015

The government adopted assumptions for the draft budget for 2016: increase … – Polish Radio

In a document prepared by the Ministry of Finance indicated that the nominal growth of average gross salary in the enterprise sector will amount to 3.8 percent. In line with the average employment in the national economy will grow by 0.8 percent. (Compared to 0.9 per cent. In the year.), And the registered unemployment rate at the end of 2016. Will amount to 9.8 percent. (The projected ratio of 10.5 per cent. At the end of this year).

– in 2016. Envisages to allocate additional funds to pay for groups of employees, which – as a rule – since 2010. Were covered by “freezing”. As a result, additional costs for the state budget will amount to about 2 billion zł – currently in assumptions.


 
 
 

According to the document, next year’s GDP is expected to grow by 3.8 per cent. (After an increase of 3.4 percent. This year), the average annual inflation will amount to 1.7 percent. (Against the expected deflation of 0.2 per cent. In 2015.). The average gross wage in the national economy will grow by 3.6 percent in nominal terms. (In real terms by 1.9 per cent.) And will amount to 4 thousand. 55 zł.

The Ministry of Finance expects private consumption in 2016 – along with the expected improvement in consumer sentiment index due to better economic conditions – will accelerate to 3.7 per cent. with 3.4 percent. in 2015. It was assumed that in 2015. Private investment will increase in real terms by 6.6 per cent., but in the next year to achieve a growth rate of 7.6 percent.

 

A smaller share of exports in GDP

– It is expected that the share of exports in GDP will continue to rise, albeit more slowly. Real export growth will remain above the growth rate of export markets and reach 5.7 percent. in 2015. and 5.9 per cent. in 2016., the result of which will increase the share of exports in GDP to the historically high level of 48.1 percent. – Written in the assumptions. Real growth in imports will be higher than the growth of exports and in the period 2015-16 will be 6.9 percent respectively. and 6.1 percent.

The proposals macroeconomic indicators intended to prepare the budget of the government is to submit by June 15, the Tripartite Commission for Social and Economic Affairs.


 

The Civic Platform deputy, a spokeswoman for the government: the minimum wage can increase by 100 zł in 2016.


 
 

Source: TVN24 / x-news

 

The minimum wage is expected to increase to 1,850 zł

 

In addition, the government proposed on Tuesday to in 2016. Minimum wage amounted to 1850 zł gross. The social partners have time to submit their proposals on this matter until 15 July. This year, the minimum wage is 1750 zł.


 

PAP, bless

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