The Ministry of Finance has scheduled a record budget deficit – Onet.pl

 
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  The Ministry of Finance has scheduled a record deficit
 
 
 

The budget deficit for 2017 years – 5 billion zł more than in the current year

According to information obtained by “Puls Biznesu” planned state budget deficit in 2017 r. 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 EU “

” next year is planned that the to 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.

Budget 2017 – a large increase in expenditure

“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 cut the retirement age “- she writes. Add to that the increase in budżetówce (1.4 million zł) and several billion an increase in pension benefits – calculated.

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

Kowalczyk thanks PiS budget deficit will decrease, not increase

suggestions economic PiS will lead to a reduction rather than an increase of the budget deficit – argued in October last year, five days before the elections, PiS Henryk Kowalczyk.

Justice estimated the time that the implementation of the program will mean spending 34.5 billion zł and 40 billion zł additional income.

Kowalczyk at a press conference said that accurately estimated expenses related to: lowering the retirement age, family allowances in the amount of 500 zł for the second and subsequent child, increasing the tax-free amount to 8 thousand. zł and free drugs for seniors, it cost a total of 34.5 billion zł.

On the other hand – he continued – revenues that will come from the “removal of the pathology associated with a VAT,” the introduction of electronic monitoring CIT, VAT of large stores, a bank tax and an increase in revenues from excise taxes, a total of approx. 40 billion zł.

“Our proposals will lead to a reduction rather than an increase of the budget deficit,” – promised Kowalczyk.