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One in six Polish tax zlotys goes to debt interest as country faces fiscal crisis
๐Ÿ“ˆ Business

One in six Polish tax zlotys goes to debt interest as country faces fiscal crisis

Poland now spends one-sixth of its tax revenue on interest payments for public debt, with experts warning of inevitable cuts to social benefits or tax increases. The debt crisis affects many countries, including the world's largest economies, driven partly by inflation fueled by Middle East conflict. The Finance Ministry points to rising debt servicing costs compounded by artificial intelligence expansion.

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