State budget deficit for 2024 set at PLN 184 bln
The Polish budget deficit for 2024 will come to PLN 184 billion (EUR 42.4 bln), the finance minister announced on Tuesday.
"This year's budgeted expenditure for 2024 is PLN 866 billion (EUR 199 bln), revenue PLN 682 billion (EUR 157 bln), which means a budget deficit of PLN 184 billion," said Andrzej Domanski, the finance minister.
He added that the budget was being drawn up on the assumption of 3-percent GDP growth next year with inflation at 6.6 percent.
Prime Minister Donald Tusk told a Tuesday press conference that the government had guaranteed in the budget 30-percent wage increases for teachers and 20-percent raises for the public sector.
He also said that the monthly family benefits 800 Plus, as well as annual bonuses for the elderly, the 13th and 14th pension, will be maintained and that pensions will be indexed twice a year instead of once when inflation exceeds 5 percent.
"There is money guaranteed for that," Tusk said.
According to a press release by the Prime Minister's Office, the government has planned PLN 63.7 billion (EUR 14.7 bln) for the implementation of the Family 800 Plus programme next year.
Additionally, the expenses secured in the budget for next year include PLN 3.8 billion (EUR 0.88 bln) in funds to cover special needs of disabled people and PLN 500 million (EUR 115 mln) to finance the in vitro procedure. (PAP)
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