INVESTMENT POTENTIAL OF GDAŃSK in the new economic reality publisher partner GDAŃSK Voivodeship Pomerania Mayor Aleksandra Dulkiewicz Area 2 262 km Population density 17872 os./km Population 468 158 CONTACT DETAILS Gdańska Agencja Rozwoju Gospodarczego Sp. z o.o. Żaglowa 11 80-560 Gdańsk +48 58 722 03 00
[email protected] LESS REVENUE, MORE CHALLENGES Currently the greatest financial challenge for Gdańsk is to maintain the provision of education and fight the consequen- ces of the pandemic. We also need to help our entrepreneurs. This is an unusual year - says Aleksandra Dulkiewicz, Mayor of Gdańsk. How well is Gdańsk doing at present? The answer to this question is not a simple one. On the one hand, the Fitch rating agency gave us an “A-“, which is a high rating. On the other hand, Aleksandra like any other local government, we have a problem with current expenses, Dulkiewicz, mainly in the area of education. On top of this, we are also facing difficul- Mayor of Gdańsk ties caused by the Covid-19 pandemic. This forces us to make changes in the budget. So far we have cut our expenses by PLN 295 million. On the other hand, our revenues have fallen by 250 million compared to the budget adopted in December 2019 year, due to smaller revenues from personal (PiT) and corporate (CiT) income taxes or public transport tickets. Let me add that the revenues were initially estimated at PLN 3.8 billion, while the expenses would amount to PLN 4.28 billion. Are you only reducing your current expenses or also your investment expenses? The reduction in current expenses amounts to approx.