Poland's 2014 budget realistic – central bank official
September 23, 2013
Poland's 2014 budget bill is 'realistic' and the risk of a budgetary amendment is minimal, deputy head of the National Bank of Poland (NBP) Witold Kozinski said on Friday.
"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.
The Polish government approved the initial version of the budget bill on September 6. The bill assumed a deficit of PLN 47.7 billion, on revenues of PLN 276.5 billion and spending at PLN 324.2 billion.
The draft is based on assumption of 2.5% GDP growth and 2.4% average annual inflation in 2014.
The final version of the 2014 budget bill will be discussed at the cabinet’s September 27 sitting.