2024-09-29 12:06 update: 2024-09-29, 12:08
Photo PAP/Krzysztof Cesarz
The government has decided to change the draft budget for 2025 adopted in late August in order to increase funds for reconstruction efforts in flood-affected areas but "the macroeconomic data have remained unchanged."
The Polish government adopted a draft budget for 2025 with a deficit which is not to exceed PLN 289 billion (EUR 67.2 billion)," the PM's Office wrote in a statement after a cabinet meeting on Saturday.
"Budget revenues are still planned at PLN 632.9 billion (EUR 147.3 billion), spending at PLN 921.6 billion (EUR 214.3 billion)," the PM's Office said.
"The macroeconomic data remain unchanged," reads the statement.
The PM's Office said that the government had decided to increase a special reserve for natural disaster relief and prevention from PLN 2.19 billion (EUR 509.3 million) to PLN 3.19 billion (EUR 741.9 million), and that this had been possible by decreasing other budget reserves.
The government decided to reduce the reserve for State Treasury obligations by PLN 400 million (EUR 93 million), and a general reserve by PLN 279 million (EUR 64.9 million), the PM's Office said.
The Justice Ministry decided to postpone some of its investments planned for 2025, owing to which the planned outlays of courts had been reduced by PLN 321 million (EUR 74.6 million), the PM's Office added.
The bill adopted on Saturday increased government expenditure on housing by PLN 420.2 million (EUR 98.2 mln) to PLN 4.7 billion (EUR 1.1 bln).
Poland has estimated its losses caused by the floods that have been ravaging the southwestern region of the country since mid-September at over a billion euro as overflowing rivers damaged or destroyed houses, public buildings, bridges, roads and other infrastructure. (PAP)
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