President signs 2014 budget bill into law
January 30, 2014
Polish President Bronislaw Komorowski signed the 2014 budget bill allowing PLN 47.5 billion deficit on PLN 277.8 billion revenues and PLN 325.3 billion expenses, president's chancellery said on its website.
VAT rates remain unchanged from 2013, excise on tobacco and alcoholic drinks is up by 5 and 15% respectively.
The bill envisages a 2.5% GDP growth and 2.4% average annual inflation.