Polish government sets out draft 2027 budget with deficit remaining at 7.1% of GDP
Defence, healthcare and the energy transition are among the spending priorities.
Poland's government has released its draft 2027 budget, which maintains a deficit of 7.1% of the country's GDP. The budget emphasizes spending on defense, healthcare, and energy security, while projecting increased borrowing. The Polish government aims for a GDP growth of 3% in 2027, along with average inflation at 2.8%, within the European Central Bank's target.
Unemployment is expected to remain at 6%, with government borrowing needs projected at 565 billion zloty. However, analysts warn that the budget represents continued expansionary fiscal policy and the country's public debt has exceeded the EU's limit of 60% of GDP for the first time.
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