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Social spending to total PLN 75 bn in Poland next year: finance minister

PR dla Zagranicy
Grzegorz Siwicki 10.10.2017 16:20
Poland’s conservative government has set aside PLN 75 billion (EUR 17.5 bn, USD 20.7 bn) for social spending next year, Finance Minister Mateusz Morawiecki has said.
Poland's Deputy PM and Finance and Development Minister Mateusz Morawiecki speaks in the lower house of parliament on Tuesday. Photo: PAP/Radek PietruszkaPoland's Deputy PM and Finance and Development Minister Mateusz Morawiecki speaks in the lower house of parliament on Tuesday. Photo: PAP/Radek Pietruszka

That’s about four times more than under the country’s previous centrist government, he added.

Morawiecki was speaking in the lower house of parliament as lawmakers began debating Poland’s 2018 budget on Tuesday.

Significantly more funds will go to "all key spheres of social and economic life," said Morawiecki, who is also minister for development and deputy prime minister.

Under the budget bill submitted by the Polish government, the economy is expected to grow 3.8 percent next year, with inflation at 2.3 percent and the budget deficit not exceeding PLN 41.5 billion (EUR 9.7 bn, USD 11.4 bn). (gs/pk)

Source: IAR

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