Poland's 2027 Budget Projects High Deficit and Increased Spending
Poland's government has approved a budget for 2027 with a projected deficit of PLN 282.6 billion, maintaining a 7.1% GDP deficit. Key areas of expenditure include defense and healthcare, with significant tax changes planned.
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The Polish government has approved a budget for 2027 forecasting revenues of PLN 695 billion and expenditures of PLN 977.6 billion, resulting in a deficit of PLN 282.6 billion. The general government deficit is expected to remain at 7.1% of GDP for both 2026 and 2027, contributing to rising debt levels.
Debt-servicing costs are anticipated to reach PLN 107 billion, an increase of PLN 17 billion from 2026. Defense spending is allocated at PLN 198.1 billion, and healthcare expenditures are projected to be PLN 274.1 billion, alongside new tax measures including a 24% personal income tax bracket and increased corporate taxes for larger firms. The financial outlook indicates potential challenges in managing fiscal stability.
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