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Poland Expects 2011 Deficit at Two Thirds of Target, Gazeta Says

Poland’s budget deficit totaled about 25 billion zloty ($7.1 billion) in 2011, about one third below the government’s target, Finance Minister Jacek Rostowski said in a letter to the European Commission, Gazeta Wyborcza reported today.

Poland will narrow this year’s general government shortfall by 2.63 percentage points to 2.97 percent of gross domestic product, the daily newspaper said, citing the letter.

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