Polish Official Predicts Balanced 1987 Budget
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United Press International
WARSAW — Poland should have a balanced budget next year for the first time since 1981, but its foreign debt of $33.4 billion will continue to grow, Finance Minister Bazyli Samojlik told Parliament on Tuesday.
“The projected surplus of $1 billion will not permit full payment of interest, and the (foreign) debt may exceed $35 billion,” Samojlik said.
He said the government plans to balance the budget by cutting government subsidies and reducing inflation from its present level of 18%.
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