Poland's government approves 2008 budget revenues of PLN 241.5 bln, up 12.8% on 2007

Poland's government Tuesday approved 2008 budget revenues of PLN 241.5 bln, or 12.8% higher than the amount budgeted for 2007, Finance Minister Zyta Gilowska said Tuesday.

"The figure is PLN 241.5 bln," Gilowska told a press conference. "The real pace [of revenue growth] will be significantly lower, as real revenues this year will exceed the budget."

Poland's budget deficit amounted to 6.9% of the annual plan at end-April, below the original forecast of 25.7% of the planned full-year deficit of PLN 30 bln. Budget revenues came in at PLN 81.166 bln, or 35.5% of the full-year plan, while expenditures measured PLN 83.227 bln, or 32.1% of the plan.

The budget deficit in 2008 will stay flat at PLN 30 bln, Gilowska said.
Source:biznes.onet.pl