Economy of Poland - Budget and Debt

Budget and Debt

Polish State Budget Expenditure by Division (2008):

Division Spending (in mln zl) % of total budget
Total 277,893 100
Compulsory Social Security 64,050 23
Public debt servicing 25,117 9
Social assistance 18,331 6.6
National Defence 13,812 5
Public safety and fire care 12,517 4.5
Higher Education 11,091 4
Public administration 10,161 3.7
Administration of justice 9,090 3.3
Health care 6,692 2.4
Education 2,200 0.8
Dwelling economy 1,541 0.6
Culture and national heritage 1,487 0.5
Physical education and sport 0,583 0.2
Other (no specific category) 101,221 36.4
Total income (mln zl) Total expenditure (mln zl) Total Deficit (mln zl)
253,547 277,893 24,346

Source: Concise Statistical Yearbook of Poland (2008/9)

Reserves of foreign exchange & gold: $70.08 billion (2004 est.)

State Treasury Debt – foreign: $55.4 billion (2008 est.)

Current account balance: $-6.7 billion (2009 est.)

Read more about this topic:  Economy Of Poland

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