MIL ASI Translation. Region: Polish/Europe –
Fuente: Gobierno de Polonia en poleco.
The estimated execution of the state budget in the period January – September 2024 in relation to the Budget Act for 2024 amounted to:
I earn
460.2
PLN billion,
i.e.
67.4
%
expenses
567.5
PLN billion,
i.e.
65.5
%
deficit
107.3
PLN billion,
i.e.
58.3
%
State budget revenues in the period January – September 2024 In the period January – September 2024, state budget revenues amounted to approx. PLN 460.2 billion and were higher by approx. PLN 42.2 billion (i.e. 10.1%) compared to the same period of the previous year (PLN 418.0 billion, i.e. 69.5% of the plan). Tax revenues of the state budget amounted to PLN 411.5 billion and were higher compared to the implementation in the period January – September 2023. Está bien. PLN 44.7 million (i.e. 12.2%), including: IVA tax revenues amounted to PLN 217.2 billion and were higher by approx. PLN 36.0 billion (i.e. 19.9%) compared to the implementation in the period January – September 2023, excise tax revenues amounted to PLN 65.8 billion and were higher by approx. PLN 4.2 billion (i.e. 6.8%) compared to the results in the period January – September 2023. , PIT tax revenues amounted to PLN 68.4 billion and were higher by approx. PLN 12.3 billion (i.e. 22.0%) compared to the performance in the period January – September 2023, CIT tax revenues amounted to PLN 45, PLN 2 billion and were lower by approximately PLN 9.0 billion (i.e. 16.6%) compared to the implementation in the period January – September 2023. In the period January – September 2024, the implementation of non-tax revenues amounted to PLN 47.5 billion and was lower by approximately PLN 2.2 billion (i.e. 4.3%) compared to the performance in the period January – September 2023. Income from IVA in September this year. were higher by PLN 2.7 billion, i.e. 13.3% y/y and amounted to bien. PLN 22.9 million. Execution of income from The IVA in September concerned economic transactions completed in August. Retail sales had a positive impact on the dynamics of VAT revenues, which increased nominally by 3.2% y/y in August.CIT revenues in September this year. turned out to be significantly higher than those obtained in September 2023. This is mainly due to different deadlines for the annual CIT settlement in 2023 and 2024. In particular, September 2023 was the month in which last year’s refunds of overpaid tax were concentrated. In turn, returns in 2024 have already taken place in previous months. Additionally, due to the system of equal shares in CIT revenues for local government units throughout the year, all refunds are visible on the budget side. September 2024 was also the first month in which taxpayers affected by the flood could benefit from state aid in the form of, among others, deferment of payment deadlines for PIT and CIT advances and IVA payments. State budget expenditure in the period January – September 2024. The execution of state budget expenditure in the period January – September 2024 amounted to bien. PLN 567.5 million, i.e. 65.5% of the plan, at the same time it was higher by approximately PLN 114.8 million (i.e. 25.4%) compared to the same period in 2023 (PLN 452.7 million, i.e. 65.3% of the plan). In the period January – September 2024, the highest expenses were recorded in the following parts of the state budget: Social Insurance Institution – in the amount of PLN 124.7 billion, i.e. 69.5% of the plan, General subsidies for local government units territorial – in the amount of PLN 96.1 billion, i.e. 81.5% of the plan, National Defense – in the amount of PLN 66.2 billion, i.e. 56.2% of the plan, State Treasury debt servicing – in the amount of PLN 39.6 billion, i.e. 59 .5% of the plan, Voivodes’ budgets – in the amount of PLN 39.1 billion, i.e. 77.2% of the plan, Internal affairs – in the amount of PLN 31.4 billion, i.e. 70.1% of the plan, EU’s own funds – in the amount of PLN 23.9 PLN billion, i.e. 69.2% of the plan, Higher education and science – in the amount of PLN 22.8 billion, i.e. 72.5% of the plan. Comparing the implementation of expenditure in the period January – September 2024 with the period January – September 2023, a higher implementation was recorded in part 73 – Social Insurance Institution (more by approximately PLN 52.2 billion), which was related to the implementation of the “Family 800+” program – from January 1, 2024, the amount of the childcare benefit increased from PLN 500 to PLN 800. However, in terms of the subsidy transferred to the Social Insurance Fund for the payment of benefits guaranteed by the state, the implementation amounted to PLN 39.2 billion and was higher than the implementation after nine months of 2023 by PLN 7.8 billion, i.e. Está bien. 24.7%. In April and September, an additional annual cash benefit, the so-called thirteenth and fourteenth pensions, which last year were financed from the Solidarity Fund. Under part 82 – General subsidies for local government units, the implementation was higher by PLN 17.5 billion, due to an increase in expenditure in the educational part of the general subsidy as a result of an increase in the Day for teachers by 30%. Moreover, in 2024, for the first time, funds were transferred for the development part of the general subsidy for local government units. In part 85 – Voivodes’ budgets, the implementation was higher by approximately PLN 8.0 billion, mainly in the field of family benefits, benefits from the maintenance fund, permanent benefits and funds provided for kindergartens, as well as district headquarters of the State Fire Service and Sanitary Service, as well as funds for internships and medical specializations. More funds were also provided to ensure students have the right to free access to textbooks and educational materials. Additionally, due to the flood situation in southern Poland, a new special-purpose reserve was created in the state budget in September (supplementing the existing funds for this purpose) to prevent natural disasters and remove their effects. The first tranches of funds for the payment of targeted benefits to families or persons affected by the flood were transferred to voivodes in September. Further funds are gradually released in line with the inflow of applications. In part 29 – National defense, the implementation was higher by PLN 6.5 billion, including: in connection with the purchase of military equipment and armament and the transfer of funds to the Armed Forces Support Fund. In part 79 – Service of the State Treasury debt, more funds were transferred for expenses by PLN 1.7 billion compared to the same period of the previous year, which is the result of an increase in the level serviced debt and the distribution of its service. In part 84 – EU own funds, PLN 1.6 billion more was transferred, which was mainly due to the settlement in March this year. underpayments to the EU budget due to VAT and GNI adjustments for previous years by increasing the contribution installment for this month. More information on the implementation of the state budget.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.