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Budget. Budget deficit – how much will it be at the end of 2023? Prime Minister Mateusz Morawiecki explains

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The budget deficit at the end of 2023 may be lower than the government assumed. This information was provided by Prime Minister Mateusz Morawiecki on Friday. As he recalled, according to the amendment to the Budget Act, the deficit was to amount to PLN 92 billion. Jarosław Kaczyński, deputy prime minister and president of Law and Justice, assured that “the state budget is in very good condition.”

Ministry of Finance Last week, it published a statement on the estimated implementation of the state budget in the period January – September 2023, which shows that the deficit at the end of last month amounted to PLN 34.7 billion. Back in July (the last data published before the elections) it was PLN 13.1 billion.

In the middle of this year, the Sejm passed an amendment to the budget. According to it, the state budget deficit was set at a maximum of PLN 92 billion, previously it was PLN 68 billion.

Prime Minister Morawiecki on the budget deficit

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Prime Minister Mateusz Morawiecki However, he said during Friday’s press conference in Brussels that budget deficit at the end of the year it may be lower than PLN 92 billion.

– There is a very good chance that Poland will have a smaller budget deficit than the one we assumed in the amendment. (…) We assumed PLN 92 billion in the budget amendment (…) and the deficit will probably be lower because revenues are coming in better, revenues are flowing into the budget better than we assumed earlier – said the head of government.

PAP/Maciej Zieliński

He also talked about the condition of the budget on Friday Jaroslaw Kaczynski. The President of Law and Justice in an interview with the Polish Press Agency was asked about the allegations of mismanagement PIS and hidden budget expenses, he said that “the allegations are made up.”

– Thanks to our well-thought-out financial policy, the state budget is in very good condition, perfectly balanced, and funds for all our social and investment programs are secured. Programs such as (so-called – ed.) 13th and 14th pension, 800 plus, or layette for children are guaranteed – assured Deputy Prime Minister Kaczyński.

Main photo source: PAP/Radek Pietruszka

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