Poland expects 7.1% budget deficit
Photo: Jose Luis Magana AP/TT

Poland expects 7.1% budget deficit in 2027, far above EU limit

The Polish government expects the budget deficit in 2027 to be 7.1 percent of GDP, according to Finance Minister Andrzej Domanski. This is roughly the same level as the 2026 deficit is expected to be, he said at a press conference in Warsaw.

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Last year, Poland's deficit was 7.3 percent, and in April this year's deficit was estimated to fall marginally to 6.8 percent of GDP.

The ceiling in the EU's Stability Pact is a deficit of 3 percent of GDP, and if a country violates this, the European Commission can demand action, with threats of sanctions and fines.

Growth in Poland next year is estimated at 3 percent, while inflation is expected to average 2.8 percent during the year, Domanski says.

The large deficit is explained, among other things, by defence appropriations of just over 4.5 percent of GDP in 2027.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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