Polish local governments report 2013 deficit at 0.6% of annual plan

By bne IntelliNews February 19, 2014

The combined deficit of Polish local government units amounted to PLN 54.5mn (EUR 13.1mn) in 2013, according to the ministry of finance's preliminary data. The official plan was PLN 8,814.5mn gap.
Cities acting as counties reported deficit of PLN 653.3mn, provinces - of PLN 55.5mn, while the budgets of communes and counties reported surpluses of PLN 493.4mn and PLN 161.0mn, respectively.
Local governments' combined income amounted to PLN 183,200.5mn, or 96.8% of the annual plan. However, it was higher by 3.3 in annual terms. The local governments' spending was PLN 183,255.0mn, or 92.5% of the plan (it rose by 1.8% y/y).
Local governments and the central government constitute Poland's general government sector.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Alior Bank to pay out PLN570mn in first ever dividend

Alior Bank will pay out a dividend of PLN570mn (€122mn) from the profit generated in 2023, the Warsaw-listed lender said on February 28. The payout is in line with recommendations of the Polish ... more

EBRD buys into Poland’s Pekao Eurobond issue

The European Bank for Reconstruction and Development (EBRD) invested €20mn in debut Eurobonds issued by the state-controlled Bank Pekao, the second-largest Polish lender by assets, the EBRD said on ... more

Four Polish lenders form consortium to finance Polsat Plus Group’s wind farm project

PKO Bank Polski, along with three other banks, has entered into a consortium agreement with Great Wind, a subsidiary of the Polsat Plus Group, a media and entertainment company, to finance the ... more

Follow Us On

Most Read

  1. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  2. Don't mention the "D" word - Ukraine
    6 days ago
  3. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  4. The models are wrong, climate change is accelerating faster than predicted
    2 days ago
  5. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    4 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  4. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss