Poland plans to reduce the budget deficit in 2010 accelerated privatization

Government of Poland intends to offset the shrinking due to global crisis, the country's budget revenues in 2010, accelerated privatization of state enterprises. According to Polish media, Prime Minister Donald Tusk has already instructed the State Property Minister Alexander Castle to include in the plan of privatization for the next year of the company, sales of previously planned for a later date.

D. Tusk, which sociologists prorochat victory in the presidential elections in 2010, noted that rapid privatization would avoid raising taxes to reduce budget deficits.
Polish Premier also expressed his opposition to increasing the VAT, which can lead to a decrease in domestic demand, which is - as he put it - our greatest strength and asset ….

It was reported that Poland since the beginning of 2009, received from the privatization of nearly 0.5 billion from 3.75 billion dollars.

Help. this week the Polish government has approved changes to the state budget this year, increasing the budget deficit to 2.8 billion dollars to 8.5 billion dollars (atthe rate of 3.2 zloty to the dollar ) because of reduced revenues due to economic crisis.

Ministry of Finance has promised not to raise taxes to reduce deficits in the current year, not excluding the need of the following.

According to the Ministry of Finance, Poland in 2009, lost 20% of projected tax revenues, constituting 80% of total revenue budget.

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