Polish plans for a gradual reduction of the central government budget deficit to 2012 are the best for the economy, Deputy Finance Minister Ludwik Kotecki said Thursday.
The European Commission Wednesday said Poland may miss the 2012 deadline to cut its deficit to below 3% of GDP from over 7% of GDP last year, because the country's fiscal plans lack detail. Poland assumes that the deficit will stay relatively high until 2011 and fall steeply to 2.9% of GDP in 2012.
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