Poland’s 2023 draft budget is “ambitious” says PM

31 Aug 2022

Poland’s Prime Minister Mateusz Morawiecki has announced the approval of the 2023 draft budget, describing it as "an ambitious budget for a difficult time."

The draft "includes a number of guidelines and outlays which are to ensure security to Polish families.

"All the social programmes which have been so far implemented, have been maintained in the draft," the Prime Minister added.

According to the draft budget, the 2023 deficit is forecast to be PLN 65 billion (€13.7 billion), budget incomes at PLN 604.4 billion (€128.6 billion), and spending at PLN 669 billion (€142.3 billion), The First News reports.

"The public finances deficit will stand at around 4.2-4.4% of GDP," Morawiecki said.

"This year's GDP growth is expected to reach 4.6%, inflation is to reach 13.5%, and wages in the national economy are to grow by 11.2%," the PM stated, going on to add that nominal wages would rise by 10.1% in 2023.

He also announced healthcare spending in 2023 would surpass 6% of GDP. "This has been our promise, our goal which we have achieved or even exceeded," Morawiecki stated, with spending likely reaching 6.2% - 6.3% of GDP next year.

Back in 2015, healthcare spending amounted to PLN 77 billion (€16.4 billion) and had now risen to PLN 160 billion-165 billion (€34 billion-35.1 billion). "This means that the spending on the health service has been nearly doubled," Morawiecki added.

The draft budget will now be presented to the Social Dialogue Council – made up of government representatives, employers and trade unions. The government will then need to grant final approval and send to the lower house of parliament, the Sejm, by the end of next month.