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Budget law to be amended?

21st January 2013
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Ludwik Kotecki, chief economist at the Ministry of Finance, said that the ministry could prepare a 2013 budget law amendment. “We don't expect to prepare it right now, but everything is possible,” Mr Kotecki told Rzeczpospolita.

Such an idea was earlier suggested by Finance Minister Jacek Rostowski. Mr Kotecki stressed that in the current economic situation, uncertainty is greater than usual. However, the ministry does not have enough information yet to decide on a possible amendment, he added.

The current budget draft predicts a deficit of zł.35.56 billion, GDP growth of 2.2 percent and an end-year unemployment rate of 13 percent.

Poland A.M.


From Warsaw Business Journal


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