The country’s budget deficit is expected to be no more than PLN 164.4 billion (EUR 36.8 billion, USD 40 billion) next year, and the target for the general government deficit is 4.5 percent of GDP, state news agency PAP reported.
Government revenue is expected to total PLN 683.6 billion in 2024, with spending set at PLN 848 billion.
The proposed budget ensures full financing for the government’s key social assistance projects, including its upgraded flagship "Family 800-plus" child benefit programme, officials said.
Meanwhile, health spending is expected to exceed 6 percent of GDP, and defence spending is expected to stand at more than 4 percent of GDP next year, according to officials.
Speaking at a news conference on Thursday, Prime Minister Mateusz Morawiecki also promised pay raises for government and public sector employees, including teachers, firefighters and police, the PAP news agency reported.
He described the government's financial plan as “a safe budget for difficult times.”
(gs)
Source: PAP, IAR
