The country’s budget deficit is expected to be no more than PLN 289 billion (EUR 67.2 billion, USD 74.7 billion) next year, and the target for the general government deficit is 5.5 percent of GDP, state news agency PAP reported.
Government revenue is expected to total PLN 632.6 billion in 2024, with spending set at PLN 921.6 billion.
The proposed budget ensures more than EUR 170 billion in financing for the government’s key social assistance projects, including PLN 62.8 billion for the "Family 800-plus" child benefit programme, officials said.
Meanwhile, health spending is expected to represent 6.5 percent of GDP, and defence spending is expected to stand at 4.7 percent of GDP next year, according to officials.
"In 2025, we will set aside a record PLN 222 billion for healthcare, up from PLN 191 billion in 2024," Finance Minister Andrzej Domański told a news conference in Warsaw on Wednesday.
Prime Minister Donald Tusk said: "We've set ambitious goals for the budget. Our aims include keeping inflation under control, achieving record economic growth, raising the minimum wage in real terms, and moving forward with key investment projects, particularly in energy and rail infrastructure."
Speaking alongside Domański, Tusk added: "We will build whatever is necessary for national security and energy security. We've also committed to record-high defence spending, amounting to nearly PLN 190 billion."
The prime minister also promised pay raises for government and public sector employees, including teachers, the PAP news agency reported.
He described the government's financial plan as "a budget of development and strength."
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Source: IAR, PAP