Wednesday, May 14, 2008

Finance ministry allegedly to almost halve central budget deficit in 2009.

Email a Friend

All fields are compulsory

Your name:
Your email:

To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Email yourself a copy?
Comments:

Add Your Comment

All comments are subject to editorial review.
All fields are compulsory

Your name:
Your email:
(will not appear)

You may email your comment to a friend
To include more than one recipient, please separate each email address with a semi-colon ';'

Recipient email(s):

Publish your name?
Receive email notification of new comments posted by other users?
Email yourself a copy?

Comments:

I have read and agree to the Terms and Conditions

Finance ministry allegedly to almost halve central budget deficit in 2009. The finance ministry plans to slash the central budget deficit to PLN 14.5bn next year compared to PLN 27.1bn written into this year’s budget law, the daily Rzeczpospolita reported. However, deputy finance minister Elzbieta Suchocka-Roguska told the daily that the ministry was just starting its works on the 2009 budget and could not state the ultimate level of next year’s budget deficit. If Rzeczpospolita -presented plan was implemented, chances for 15% wage rises for the public sector’s employees, demanded by trade unions, would be slim, as at the same time the government has to find more than PLN 10bn to cover for the costs of lowering PIT rates to 18% and 32% from 19%, 30% and 40% as well as for keeping the PLN 1,150 tax allowance per child. Earlier, the finance ministry said that the 2009 budget guidelines stipulate for GDP growth of 5.0% (against this year’s plan of 5.5%) and average annual inflation of 2.9% (3.5%). tom

The US treasury market reaches breaking point

Country risk 2008:

Finance ministry allegedly to almost halve central budget deficit in 2009.

Email a Friend

Add Your Comment

Other ISI central and eastern europe stories

Dubai looking to life after the bubble

Investment banking: How to make money in 2009

Careers in hedge funds: Job market alive and kicking

Zurich Targets U.S. Owners For Insurance Expansion

Property hedge funds outperform

Pakistan's richest man in his first foreign interview: Mian Mansha, Nishat group

Pension funds: Widening the short-selling blame game

Islamic finance debate: Participants

SEC not alone in ignoring warnings: The Madoff collapse shames us all

Investment banking: How to make money in 2009

Are agency brokers the new powers in debt trading?

DCM review: Winners were also losers in 2008

Dubai looking to life after the bubble

Foreign exchange debate - Investing in FX: learning history lessons

Latest Issue