An absolute majority of MPs backed the financial plan in a final vote on Friday, endorsing 10 minor modifications introduced by the upper house of parliament, the Senate, state news agency PAP reported.
The country’s budget deficit is expected to be no more than PLN 271.7 billion (EUR 64.5 billion, USD 75 billion) next year, and the target for the general government deficit is 6.5 percent of GDP under the financial plan approved by the bicameral legislature.
Government revenue is expected to total PLN 647.2 billion in 2026, with spending set at PLN 918.9 billion.
The budget bill now goes to President Karol Nawrocki for signing into law.
The approved budget ensures full financing for the government’s key social assistance projects, including the generous "Family 800-plus" child benefit programme, officials have said.
Meanwhile, health spending is expected to total PLN 247.8 billion, and defence spending is expected to reach PLN 200 billion, standing at 4.81 percent of GDP next year.
Finance and Economy Minister Andrzej Domański has described the government's financial plan as "a budget of security, investment and support for citizens."
Prime Minister Donald Tusk has said this year’s budget will deliver "the largest army, the fastest economic growth, the biggest investment projects, an end to high prices and low unemployment."
He acknowledged this would "come at the cost of a high deficit" but told reporters that "everything is under control."
(gs)
Source: IAR, PAP