MNI China Daily Summary: Thursday, December 12

RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Lower House Approves 2023 Budget Bill

POLAND

The lower house of Polish parliament approved the 2023 budget bill this morning, with 232 votes in favour versus 219 against.

  • The spending plan assumes a revenue of PLN604.7bn and PLN672.7bn in expenditures, which means the deficit will be around PLN68bn.
  • GDP growth is projected to be +1.7% Y/Y next fiscal year, with CPI inflation estimated at +9.8% Y/Y.
  • The budget bill will now be submitted to the opposition-controlled Senate, which will give its opinion on January 12.
  • The lower house can override any amendments proposed by the Senate, which means that the bill is unlikely to undergo any major tweaks.
  • It is expected that the budget bill will be submitted to President Andrzej Duda for his signature no later than on January 30.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.