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.

Related Articles

Malawi-focused Mkango Resources' unit to merge with US-based Crown PropTech

Lancaster Exploration (Lancaster), a subsidiary of Mkango Resources (Mkango), has announced a merger with Crown PropTech Acquisitions (CPTK), a US-listed special purpose acquisitions company. ... more

Glass wool production restarts in Hungary after 16-year hiatus

Glass wool manufacturing has resumed in Hungary after a 16-year break, as the first trial products rolled off the production line at a new thermal insulation plant built in northeastern Hungary ... more

Poland signs €200mn deal with ICEYE for reconnaissance satellites

Poland will acquire three synthetic aperture radar (SAR) satellites under a €200mn agreement with Polish-Finnish satellite operator ICEYE, the company said on May 14. The contract comes in the ... more

Dismiss