Citi Handlowy: The general government deficit to widen in 2023
11:02
Citi Handlowy analysts expect the general government sector deficit to increase to 5.6% of gross domestic product (GDP) in 2023, citing a decline in economic activity and the loosening of fiscal policy ahead of the autumn elections.
The International Monetary Fund (IMF) in its latest forecast said that the general government deficit in Poland would increase to 4.5% of GDP in 2023 and then decrease to 3.8% of GDP in 2024.
S&P Global Ratings expects the sector's deficit to rise to 4.9% of GDP this year, before falling to 3.4% of GDP next year. According to Fitch Ratings, Poland will record a general government deficit of 5% of GDP in 2023 and 3% of GDP in 2024.
(ISB News)
