Polish parliament lower house adopts 2013 budget amendments

Polish parliament lower house adopts 2013 budget amendments
# 26 January 2013 04:09 (UTC +04:00)

Baku-APA. The Polish Sejm, the lower house of parliament, on Friday approved all amendments made by the upper house, or the Senate, to the country's 2013 budget, APA reports quoting AP.

According to local media reports, the most important amendment, introduced at the request of the Finance Ministry, is aimed at increasing the ceiling of loans that the state budget can grant the Social Insurance Fund (FUS) to PLN 12 billion (about 3.87 billion U.S. dollars) from PLN 6 billion.

Poland's 2013 budget foresees a maximum public deficit of PLN 35.6 billion, with a projection of GDP growth at 2.2 percent and mean annual inflation at 2.7 percent.

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THE OPERATION IS BEING PERFORMED