Fitch estimates Polish general government deficit for 2023 and 2024
16:04
Poland will record a deficit in the government and local government sector (so-called general government) of 5.3 percent of GDP in 2023 and 4.6 percent of GDP in 2024, Fitch Ratings estimates. The agency does not expect significant consolidation next year.
“We expect the next government to limit the use of extra-budgetary funds (whose use has increased sharply in recent years; they are included in Fitch's data on the government and local government sector), supporting increased budget transparency,” the agency wrote in a statement.
