TITLE

Fiscal Deficit To Overshoot Government Forecast

PUB. DATE
August 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Aug2009, Vol. 16 Issue 8, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Polish government to raise its fiscal deficit by almost 50% to gain traction in economic downturn in 2009. It notes that the move of the government is expected to assume economic growth rate in gross domestic product (GDP). However, the revision of budget deficit target would likely overshoot the government's forecast. In this regard, the plan to adopt euro in the country is delayed, however, it is anticipated to materialize in 2013.
ACCESSION #
43225733

 

Related Articles

  • HAIL THE DRIVERS OF GROWTH. Aylmer, Sean // BRW;5/13/2010, Vol. 32 Issue 18, p29 

    The article discusses the economic outlook for Australia from 2010 to 2014. With economic growth and lower welfare spending, the government is planning to return the budget it allotted for 2010 to surplus in three years. Possible improvement in the budget deficit of the country during the...

  • Political Woes Lead To Budgetary Fretting.  // Emerging Europe Monitor: Central Europe & Baltic States;Feb2007, Vol. 14 Issue 2, p6 

    The article presents an economic outlook for the Czech Republic for 2007. The budget deficit-to-gross domestic product ratio is expected to increase from .03 in 2006 to .04 in 2007. The efforts of the government to implement fiscal reforms are discussed. The country is expected to adopt the euro...

  • Tusk On Course For Re-Election.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2011, Vol. 18 Issue 3, p3 

    The article presents a political and economic outlook for Poland as of March 2011. It mentions that the government will show greater commitment in reducing its bloated budget deficit to an estimated 7.4% of gross domestic product (GDP) in 2010. It adds that Prime Minister Donald Tusk's Civic...

  • Economic Growth To Remain Robust.  // Emerging Europe Monitor: South East Europe Monitor;May2008, Vol. 15 Issue 5, p1 

    The article presents the economic outlook for Romania from 2008 to 2012, including information on inflation and the potential decrease of foreign investments due to increased economic risks. It was expected that the economic growth will remain robust in 2008 and the real gross domestic product...

  • Politicking To Push Budget Deficit To 9.1% Of GDP.  // Emerging Europe Monitor: Russia & CIS;Dec2009, Vol. 13 Issue 12, p4 

    The article reports that the consolidated budget deficit of Ukraine is forecasted to expand to 9.1% of gross domestic product (GDP) in 2009. It states that the parliament's willingness to consolidate the country's public finances through 2010 is expected to be affected with the short-term...

  • Outlook and Assumptions: Outlook.  // Ireland Country Monitor;Feb2012, p3 

    The article presents economic outlook and assumptions in Ireland in 2012. It forecasts the country's growth rate to stand at 0.9%, while investment is expected to decline in the said year. It expects the unresolved Eurozone debt crisis to affect the country's overall economic performance....

  • Poland: Improving Outlook.  // Emerging Markets Monitor;11/1/2004, Vol. 10 Issue 28, p12 

    Provides an outlook on various economic indicators in Poland as of November 1, 2004. Expected growth of the Polish economy in 2004, according to the International Monetary Fund; Projected budget deficit for 2004 and 2005; Increase in debt-to-gross domestic product ratio in 2004.

  • Economic Growth: Outlook.  // Namibia Country Monitor;Nov2011, p3 

    The article offers an economic outlook on the economic growth in Namibia in 2011. It states that the robust government spending will keep the growth of gross domestic product (GDP) at 4.1%. It expects that the budget deficit will extend to 9.8% of GDP. It adds that the strong Namibian dollar...

  • C/A Moves Deeper Into The Red.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2011, Vol. 18 Issue 3, p6 

    The article presents an economic outlook for Czech Republic as of March 2011. It highlights the anticipation that the account deficit of the country will widen to 3.8% of gross domestic product (GDP) in 2011. Moreover, the country's friendly tax regime, effective judicial process and good...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics