Poland: Budget Bill Approved by Lower House

People ♦ Published: December 16, 2013; 12:27 ♦ (Vindobona)

On Friday, the Polish lower house Sejm approved next year’s budget bill which schedules the budget deficit of PLN 47.6bn not to be exceeded.

Poland: Budget Bill Approved by Lower House / Picture: © Wikipedia / Gnesener1900

Furthermore, GDP is projected to increase to 2.5 percent and inflation is expected to come at 2.4 percent. From a total of 448 members of parliament 235 voted in favor of the budget bill while 213 voted against. While commenting on the budget vote Prime Minister Donald Tusk stressed that “Poland has a stable coalition which does not fall apart during the vote on the budget." Moreover,…