Poland: Budget for 2014 Realistic

People ♦ Published: September 23, 2013; 11:19 ♦ (Vindobona)

According to Witold Kozinski, Deputy Govenor of the National Bank of Poland (NBP), the budget plan for 2014 is “realistic” and the risk of amendmends to the budget minimal.

Poland: Budget for 2014 Realistic / Picture: © Vindobona.org

"The budget seems to be realistic, of course, there is always the risk of amendment, but in this case it seems to be minimal," Kozinski said.

On September 6, the government approved the budget bill which plans a deficit of PLN 47.7bn as revenues are targeted with PLN 276bn and spendings expected to amount to PLN 324.2bn. GDP is expected to grow at 2.5 percent while inflation in…

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