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The Warsaw Voice » Business » September 14, 2017
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Government seeks extra money
September 14, 2017   
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The Polish government is reportedly seeking an extra PLN 5-6 billion in its 2018 budget for unexpected expenses, the daily Dziennik Gazeta Prawna writes citing signals from the Social Dialogue Council.
The sum could be easily secured by simply raising the deficit cap from the planned level of PLN 41.5 billion, but reserves can also be found in certain parts of the budget draft as is, Finance Ministry insiders told the daily. The problem is a very tight spending rule limit, a government insider said.
If successful, the government could fund an extra allowance for pensioners, estimated at PLN 2.5-5.0 billion, and incentives for employee pension plans that could sum up to ca. PLN 4.5 billion. The pension reform is supposedly planned for July 1, 2018, but it has not been included in the budget.
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