Polish end-April budget gap at 53.8 pct of plan

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WARSAW: Poland's central government budget deficit in the first four months of 2011 stood at 21.6 billion zlotys or 53.8 percent of the full-year plan, the finance ministry said in a statement on Monday.

The 2011 budget sets the deficit at 40.2 billion zlotys.

The finance ministry also said it had a total of around 4.3 billion euros at its disposal at the end of April.

The central budget gap is a narrower measure than the deficit counted by Eurostat for European Union membership purposes and excludes many positions in public finances, such as various state agencies or local governments' borrowing.