10/07/2006

Poland's privatization much behind schedule

he Treasury Ministry has announced that revenue from privatization in the first three quarters of the year have reached 514 million zloties, roughly 128 million euros. This stands at barely 10% of the annual budget plan for 2006. The targeted figure has been 5.5 billion zloties. The State Treasury intends to compensate for the losses with increased revenue from dividends to the tune of 2.5 billion zloties. Last year’s privatization results stood at 3.85 billion Polish zloties.
Source:polskieradio.pl



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