MF: 2.9 percent. GDP general government deficit in 2017. – Polish Radio

Resort gave earlier that “intensively” working on the draft budget law for 2017. Which takes into account the available data and information on the current economic situation and expected conditions in 2017.

 

August 12 CSO called. a quick estimate of GDP reported that gross domestic product increased in real terms in the second quarter of 2016. by 3.1 percent. Economists called. market consensus had expected GDP growth in the second quarter of 3.3 percent.

According to information obtained by “Puls Biznesu” the planned deficit of the state budget in 2017. it is not to exceed 59-59,5 billion zł. – It’s almost 5 billion more than planned for this year – noted on Monday the log.

 

The Ministry of Finance has scheduled a record deficit

 

The Minister of Finance has designed a budget of almost 60 billion dollar hole. This is the first draft of the budget, for which the team PiS takes full responsibility. The deficit will grow, but the finances are under control and do not risk the criticism of Brussels – writes “Puls Biznesu”.

 

According to information obtained by “Puls Biznesu” the planned deficit of the state budget in 2017. It is not to exceed 59-59,5 billion zł. – It’s almost 5 billion more than planned for this year – writes the daily.

 

The Ministry has the possibility to propose amendments to the budget law, if a higher budget deficit posed a risk that “the whole sector the government will record a hole larger than the limits adopted in the EU”

– For 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.

 

Increase in extra spending

“Puls Biznesu” draws attention to the simultaneous increase in extra spending. – Same benefits for families are expected to cost in the year of 22.5 billion zł, and for this you need to add the depletion of the proceeds to the Social Insurance Fund about 2 billion zł, which will scheduled for October reduction of the retirement age – wrote. Add to that the increase in budżetówce (1.4 million zł) and several billion an increase in pension benefits – calculated.

Official stresses that in a document which will be discussed on Tuesday by the government, you see, that the head of the Ministry of finance “took off his rose-colored glasses and cut the GDP growth forecast for this and next year,” assuming that “the economy will grow this year by 3.4 per cent., and next year by 3.6 percent.” – Notes “Puls Biznesu”.

 

PAP, abo