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Poland's 2021 budget deficit to be lower than expected, says ministry

Thursday, December 30, 2021
Poland's 2021 budget deficit to be lower than expected, says ministry © Reuters. FILE PHOTO: Skyline of Warsaw skyscrapers is pictured after sunset in Warsaw, Poland June 21, 2016. REUTERS/Kacper Pempel

WARSAW (Reuters) - Poland's 2021 deficit will be under 4% of gross domestic product (GDP), the finance ministry said on Thursday, below the 5.3% previously assumed.

Poland's economy weathered the COVID-19 pandemic better than many regional peers and has bounced back strongly. The finance ministry said the deficit would continue to decline in coming years.

"We have a stable situation in the public finances. State budget revenues are growing," Deputy Finance Minister Piotr Patkowski said in a statement.

The finance ministry also said that in 2021 it would spend 26 billion zlotys, or 1% of GDP, on servicing debt, a figure that is 3.3 billion zloty lower than the previous year.

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24-01-2022 06:13:52 (UTC+7)

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 USD/JPY113.75↑ Buy
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 EUR/JPY128.76↑ Buy
 EUR/CHF1.0320↑ Sell
 Gold1,839.00↑ Sell
 Silver24.095↑ Sell
 Copper4.4428↑ Sell
 Crude Oil WTI85.00↑ Buy
 Brent Oil87.00↑ Buy
 Natural Gas3.752↑ Buy
 US Coffee C233.53Sell
 Euro Stoxx 504,153.85↑ Buy
 S&P 5004,397.93↑ Sell
 DAX15,365.93↑ Buy
 FTSE 1007,416.22↑ Buy
 Hang Seng24,656.46↑ Buy
 Small Cap 20001,987.92Buy
 IBEX 358,553.50↑ Buy
 BASF65.330↑ Buy
 Bayer51.20↑ Buy
 Allianz219.85↑ Buy
 Adidas245.85↑ Buy
 Lufthansa6.760↑ Buy
 Siemens AG141.49Neutral
 Deutsche Bank AG11.130↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,170/ 6,210
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SJC Danang6,150/ 6,212
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SJC Nhatrang6,150/ 6,212
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RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
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JPY193,25204,57
KRW16,4019,98
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