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Poland needs 160 billion zloty in savings, economists call for Balcerowicz-style plan
🏛️ Politics

Poland needs 160 billion zloty in savings, economists call for Balcerowicz-style plan

S&P downgraded Poland's credit rating outlook, increasing pressure on the government. The public finance deficit is projected at 7.1 percent of GDP in 2027, and debt could exceed 100 percent of GDP without corrective measures. Economists, including National Bank of Poland board member Ludwik Kotecki, propose spreading consolidation over four years with annual deficit cuts of 0.7–0.9 percentage points, yielding roughly 28–36 billion zloty yearly. Proposals include new taxes and income criteria for the 800+ program.

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