WARSAW: Poland’s state budget surplus amounted to 3 billion zlotys ($822 million) in the first nine months of the year, down from 4.9 billion in the January-August period, state news agency PAP said, quoting sources close to the finance ministry.
The government had forecast that the full-year state budget deficit would amount to 32.9 billion zloty, while the original budget bill assumed a shortfall of 59.3 billion zlotys.
The PAP agency gave no further details regarding the state of the budget in September. On Tuesday the finance ministry is to hold a news conference regarding the budget.
The ministry has previously attributed the surplus to improved tax collection, but analysts also point to Poland’s strong economic growth, which reached about 4 percent in both the first and second quarter of this year.
