Yesterday, December 21st. 3rd reading was held draft budget bill, as well as the first reading and discussion of the budget bill for next year. On Wednesday, the Parliamentary Committee on Public Finance presented a study on the draft budget law together with the submitted auto-amendments.
Tusk and PO will allocate 3 billion to TVP although they had previously cried that PiS had given 2 billion for this purpose. - The task besides includes provisions allowing the Minister of Culture to pay up to PLN 1 billion to increase the capital of public companies of radio and tv and to PLN 1.95 billion to compensate for the gross lost by these entities from the subscription. In full it is almost PLN 3 billion said Deputy Minister of Finance Hanna Majszczyk during the meeting.
On Wednesday, the Minister of Culture Bartłomiej Sienkiewicz dismissed the Supervisory Boards of Polish Television, Polish Radio and Polish Press Agency. The fresh supervisory boards appointed fresh presidents in public media on the same day.
-We are prepared for the possible backing of public media after recovery. So far, we don't anticipate any money for public media. Prime Minister Donald Tusk announced on Tuesday.
As it enters the project, the government submission is based on the presumption that GDP growth will be 3% next year. The reasons for accelerating economical growth have shown increased dynamics of private consumption and further increase in investment. Average yearly inflation was assumed to be 6.6% in 2024.
According to the draft budget gross for 2024 was planned for nearly PLN 682.4 billion. The task assumed that taxation revenues would amount to nearly PLN 603.9 billion, while this year's budget planned PLN 536.8 billion. VAT gross for 2024 is foreseen for over PLN 316.4 billion (this year – PLN 272.9 billion), individual taxation gross for PLN 109.2 billion (this year – PLN 83.5 billion).
The CIT taxation gross for next year is expected to amount to just over PLN 70 billion (this year PLN 77.6 billion), while the excise work is expected to bring almost PLN 89 billion (in PLN 2023 – 83.8 billion). The taxation on financial institutions is expected to pay PLN 6.25 billion in 2024 (in 2023 – almost PLN 6 billion). The retail taxation is expected to bring PLN 4.63 billion, and from the extraction of any mines – PLN 3.7 billion.
The explanatory memorandum besides states that the budget limit for 2024 is nearly PLN 866.4 billion and is higher than planned in the revised budget law for 2023 by nearly PLN 173 billion, i.e. by 24.9%.
The budget deficit planned for 2024 is to be no more than PLN 184 billion, while the budget deficit for European funds is PLN 32.5 billion. The explanatory memorandum indicates that, given the financial plans of the remaining public finance sector entities, the projected deficit of the financial sector according to the EU methodology will be 5.1% of GDP in 2024.
According to the draft timetable for the work on the draft budget bill, a second reading of the draft is planned on 10 January 2024 at the plenary session of the Sejm and a 3rd reading is expected on 12 January; The legislature is due to finalize the bill by 22 January. The budget is expected to be signed by the president on January 29.
It is worth mentioning that in fresh years, politicians of the Civic Platform have been loudly opposed against government subsidies to TVP. This subject was besides present on the main PO profiles.
OUR COMMENTS: Situational ethics assumes a two-way approach to the same issue, depending on whether we are dealing with our own or alien tribe. This is clearly the case with TVP as well.
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