Poland sees gross financing of borrowing needs for ‘24 at 95 pct of expected budget execution - MinFin
At the end of October, Poland's degree of financing of gross borrowing needs according to the 2024 budget act is around 95 percent, taking into account the budget deficit as adopted in the update and the remaining borrowing needs consistent with the expected execution, the deputy finance minister Jurand Drop wrote in his comments on the monthly and quarterly supply of Treasury bonds.
"We estimate that at the end of October the degree of financing of this year's gross borrowing needs of the state budget is about 95 percent, taking into account the state budget deficit adopted in the draft budget update and the remaining borrowing needs in line with the projected implementation from the draft budget act for 2025," Drop wrote.
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