Poland’s New Government Faces Growing Fiscal Shortfall

  • Finance Minister says will amend deficit level for 2024
  • Parliament seeks to discuss next year’s fiscal plan on Dec. 21
Donald Tusk during a formal swearing-in ceremony at the Presidential Palace in Warsaw, on Dec. 13.Photographer: Wojtek Radwanski/AFP/Getty Images
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Poland’s new government faces a growing budget shortfall, with new spending pledges and falling revenue projections expected to raise next year’s fiscal deficit to the highest level since the coronavirus pandemic.

Finance Minister Andrzej Domanski acknowledged during his first day on the job on Wednesday that the deficit will change as the new administration presents its own version of the 2024 budget. He didn’t elaborate.