The debt of the State Treasury (ST) at the end of January 2022 decreased by 0.1% m / m and amounted to PLN 1,137,129.6 million, the Ministry of Finance (MoF) reported.
The decrease in debt in January 2022 was mainly the result of: negative net borrowing needs of the state budget (PLN -29.5 billion), with a state budget surplus of PLN 22.3 billion and the balance of the JSFP deposits and court deposits reducing borrowing needs (- PLN 0.7 billion) and decreasing the impact of managing European funds (PLN -6.5 billion), increasing the balance of funds in budget accounts (PLN +28.1 billion), exchange rate differences (PLN +0.4 billion) – strengthening PLN against EUR by 0.03% and against CHF by 0.7% and weakening against USD by 1.3%, against JPY by 1.1% and CNY by 1.5%, according to the MoF statement.
Domestic debt (according to the place of issue criterion) in January 2022 increased by PLN 6.6 billion (i.e. by 0.8% m / m to PLN 879.24 billion), which resulted from the balance of issues of marketable Treasury securities (TS ; PLN +6.5bn) and savings TS (PLN +0.3bn), with a decline in the remaining debt by PLN 0.2bn, the ministry stated.
In January 2022, the debt in foreign currencies decreased by PLN 7.5 billion (i.e. by 2.8% m / m to PLN 257.88 billion), which was the result of: negative debt issue balance, exchange rate differences (0.4 PLN billion).
Source: Polish Ministry of Finance and ISBnews
