Polish disposable income grows: gov’t

67675

Poles’ disposable income grew by 6 percent in 2018 from the previous year on average, a government ministry said on Friday.

The average monthly disposable income per household member in Poland last year was PLN 1,693 (EUR 394, USD 443), the Ministry of Entrepreneurship and Technology said.

Over the past four years, disposable income available to Polish households for consumption and saving has increased by 22 percent per person, the ministry announced, as cited by state news agency PAP.

According to the ministry, the financial condition of Polish households has improved markedly in recent years on the back of a strong economy and growing social transfers.

Polish senators on Thursday backed a plan by the country’s governing conservatives to offer benefits to all families with children.

Poland spends 2.7 percent of its GDP on state benefits for families and children—one of the highest figures in the 28-nation European Union, according to a newspaper.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.