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Polish Ruling Party Announces $10 Billion Election-Year Stimulus

Jaroslaw Kaczynski

Jaroslaw Kaczynski

Photographer: Janek Skarzynski/AFP via Getty Images

Poland’s ruling nationalists unveiled plans to boost subsidies for families and spending on pensions as part of an election-year stimulus package worth as much as 40 billion zloty ($10.5 billion).

A series of scandals involving the Law & Justice party has weakened its support in recent months, opening the door to the pro-European opposition in a general election due late this year as well as a ballot to the European Parliament slated for May. Poland’s 5.1 percent economic growth last year helped reduce the budget deficit to below 1 percent of gross domestic product -- a record low -- providing some room for fiscal expansion.