On Thursday, Prime Minister Donald Tusk convened a unique meeting of the Council of Ministers. All because of the statutory terms that the government is in force. During the meeting, politicians dealt with the main indicators, which would be the basis for the budget in 2026, as well as the issue of minimum wage and valorisation of pensions.
We would like to remind you that the government has already adopted macroeconomic assumptions for 2025-2029, which de facto constitute the basis for developing a budget project for 2026, and the Thursday meeting was only to be confirmed.
GDP growth in 2026 is expected at 3.5 percent, and the average annual inflation at 3 percent. Investments and funds from KPO supporting the modernization of infrastructure and energy transformation will play an important role in the economy. The announcement emphasized that “An additional factor conducive to economic growth will be a decrease in inflation, which will affect the stabilization of the purchasing power of households and improving the conditions of the functioning of enterprises”.
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Rules for creating the state budget
As a rule, the budget process runs according to established procedures: from the initial forecast of macroeconomic indicators in June, through determining the limits of expenditure in July, to the development of a budget project in August and its transfer to the Sejm until September 30.
According to the Constitution, the president has 7 days to sign the budget act, and if the project is not approved within four months of transferring it to the Sejm, he may order the centered parliamentary term.
