Monday, August 22, 2016

A record budget gap. You can see the effects of the management of the PiS – Newsweek Poland

As informs “Puls Biznesu” next year’s plan of income and expenditure of the state is ready. It shows the first effects of distributing the ruling party, because the budget provides for a 60-billion deficit. It’s about 5 billion more than in 2016.

Justice provides, however, that the state budget deficit in 2017. Is not to exceed 59-59,5 billion zł and fit in European standards. – The government can still make changes, but a higher budget deficit would mean a risk that the whole sector the government will record a hole larger than the EU limits – explained in an interview with “Puls Biznesu” person of the Ministry of Finance.

“The next year is planned that the state coffers will affect 324 million zł, more than 10 billion zł more than the forecast for this year. Revenues from VAT, which rates will remain unchanged, are expected to rise by 11 percent. to 143 billion. About 10 billion zł is expected to bring higher tax collection. Next year’s revenues will support a moderate inflation, “- says the article. But there will also be additional expenses.

What’s next “frankowiczami”? See what he says about their situation Dariusz Ćwiklak, head of business “Newsweek”:

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