TITLE

Fiscal Deficit: The Big Macro Risk

PUB. DATE
April 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Apr2011, Vol. 18 Issue 4, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the forecasts of Business Monitor International Ltd. (BMI) for the economic and financial conditions of Poland. It mentions that budget deficit of the country is estimated at 7.6% in terms of the 2010 gross domestic product (GDP) in which it is considered as the largest macroeconomic risk that would be faced by the domestic economy. Moreover, it states that the government will enforce expenditure cuts and tax increases which could correct the country's budgetary position.
ACCESSION #
59972940

 

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