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
Famous quotes containing the words budget and/or debt:
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“A good debt is not as good as no debt.”
—Chinese proverb.