Sunday, February 21, 2016

Mateusz Morawiecki deficit for 2016. Should be less than 54 billion zł – Money.pl

The budget deficit for 2016. Should be less than we assume, less than 54 billion zł – said the Deputy Prime Minister and Minister Mateusz Morawiecki development. He added that the government is currently working on the so-called. Law francs.

As the minister said, “This year is very safe.”

According to the Budget Act, which is currently Proceeded in the Senate this year the deficit is not to exceed 54 billion 740 million zł.

the Deputy Prime Minister added that the key will be how much money from the VAT and CIT manages to download in 2017. – In contrast, next year, you have a very good look at how much can additionally download money from the VAT and CIT that somewhere escape hatches, so to know how much we can afford – he stressed.

In this context, he added that the amount of tax-free should be raised gradually. – It must be wisely chamfered – he stressed. He added that this year. it should not be abruptly lifted. When asked whether it could be 5 thousand. zł, replied “maybe not even 5 thousand. zł, maybe less, this should be a very good count.”

TK ruled in October 2015. that the provisions of the Income Tax Act from individuals, fixing the amount of free tax in the amount of 3089 zł, are unconstitutional and repealed 30 November 2016. According to TK provisions are unconstitutional to the extent to which it does not provide for a mechanism to correct the amount of free guarantee at least a minimum of existence.

Deputy Prime Minister announced that the government is not yet working on the so-called. Law francs.

In mid-January. Office of the President submitted a draft law on “how to restore the equality of the parties’ agreements on foreign currency loans, designed to solve the problem” frankowiczów. ” It assumes three mechanisms of restructuring loans. In addition to the voluntary restructuring, it is proposed restructuring forced, which is determined to be so. course fair, which will be calculated individually. The last mechanism involves the transfer of the property to the creditor effective relief from debt.

– The government so far is not working on this law francs, as suggested some option the president, and now we are waiting for more accurate analysis. I think we should here put to work or to make a deal between the two groups, which have so far not been able to get along – the world bank and the borrowers – said Morawiecki.

Deputy Prime Minister assessed that it would be better that the solution to the problem between the banks and the people who took out loans in foreign currencies they did not interfere with politics. – It would be best if it was not passed by politicians. So that it is perfect, but if we can not, we will help – he said.

Morawiecki asked if the proposal the president is a threat to the Polish banking system said that if true are the first calculation of the cost of conversion, yes.

– This project presidential if passed, if true are the primary calculation with which we are dealing, or 40 billion loss would be a big threat for the sector – pointed.

NBP estimates in the report the stability of the financial sector, the restructuring of foreign currency loans adversely affect the resilience of the banking sector. Direct costs of restructuring may be up to 44 billion zł. On the other hand, in the so-called March costs. Franks bill is expected to present the Financial Supervision Commission.

Morawiecki also said that you will have to “work” on the Polish stock exchange, so that to build mechanisms for “a stable, long-term security.” – To all those who want to raise capital on the stock market they know that this is a very good place, and all who want to invest in the stock market your savings also knew that in the long term they can be not only safe but also beneficial – he explained.

PAP

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