Poland plans to reduce its budget shortfall to the European Union’s limit of 3% of gross domestic product in 2028 as it seeks to exit the bloc’s excessive deficit procedure without broader spending cuts.
The government, which faces presidential elections next year, intends to rely on robust economic growth to help reduce the fiscal deficit, which has been bloated in past years by additional social outlays and military spending in reaction to war in neighboring Ukraine.
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Publish date : 2024-10-08 08:20:00
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