Love that Budget!
The cabinet sent its 2006 draft budget to the Sejm on Friday. The draft was adopted on Tuesday. The draft budget provides for revenues of 191.3 bn PLN (ca. 60 bn USD) and expenditure of 223.9 bn PLN, leaving a deficit of 32.6 bn PLN.
When compiling the document the cabinet assumed that the GDP will grow 4.3% in 2006 (vs. 3.3% this year), inflation will fall to 1.5% (from 2.1%), and unemployment rate will decrease to 16.9%. The candidate for prime minister Kazimierz Marcinkiewicz (Law and Justice Party) said his party had already began work on a self-amendment to the 2006 budget to be submitted to the Sejm at the turn of November.
"We plan far-going changes including the liquidation of some agencies and funds and shifts in budget items," he told newsmen. "The budget proposed by the outgoing cabinet is a budget of stagnation while we want a budget of growth," he added.