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Polish Budget Deficit Narrows to 60.4% of 2012 Limit

Oct. 15 (Bloomberg) -- Poland’s central government budget deficit narrowed to 21.1 billion zloty ($6.7 billion) at the end of September, or 60.4 percent of the full-year limit, the Finance Ministry in Warsaw said in an e-mailed statement.

Revenue was 213.9 billion zloty, or 72.8 percent of the 2012 plan, while spending amounted to 235 billion zloty, or 71.5 percent of the cap, according to today’s statement. The deficit, which totaled 22.9 billion zloty through the end of August, is limited by the government’s 2012 budget law to 35 billion zloty.

To contact the reporter on this story: David McQuaid in Warsaw at dmcquaid@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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