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Poland: government, no deficit budget in 2020

For the first time since democratic change

29 August, 13:41
(ANSA) - BELGRADE, AUGUST 29 - Poland will run a state budget with no deficit in 2020, Polish prime minister Mateusz Morawiecki said in Warsaw, after the government sitting passed the draft of next year' budget, the Polish news agency Pap reported. The draft budget foresees income and public expenses both at around 98.5 billion euro. "For the first time since the beginning of the economic transformation there will be a balanced budget," Morawiecki added. According to the Polish prime minister, quoted by Pap, "there is a difficult macroeconomic time at the moment", but the fact that Poland can run a no-deficit budget signals that the country is "on a good economic path and that the state has been conducting a responsible economic policy, directed at economic development." (ANSA).

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