2026-01-19 18:59
publication
2026-01-19 18:59
President Karol Nawrocki signed the budget act for 2026, the president's office announced on Monday. At the same time, the president decided to refer the bill to the Constitutional Tribunal.
“I am signing the budget – to protect the stability of the state – and I am sending it to the Constitutional Tribunal – to protect the future of Poland. I am signing it because the lack of a budget would not solve any of the problems we face. However, it would be a risk to the stability and predictability of the state's affairs,” said Karol Nawrocki in a recording made available by KPRP.
As the president explained, he does not want the lack of signature on the budget to “become an alibi for the government's inaction.”
The budget act for this year assumes that state expenditure will amount to PLN 918.9 billion and the budget deficit will not exceed PLN 271.7 billion. State budget revenues are planned at PLN 647.2 billion. VAT revenues are expected to amount to PLN 341.5 billion, the budget is to receive PLN 103.3 billion from excise duty, PLN 80.4 billion from corporate income tax (CIT) and PLN 32 billion from personal income tax (PIT).
According to the act, the ratio of state public debt to GDP will amount to 53.8%, remaining below the prudential threshold of 55%. specified in the Public Finance Act.
This year's budget plans to spend more than PLN 200 billion on national defense, which corresponds to 4.81%. GDP. These funds are to be used to modernize the army and support the security system. PLN 247.8 billion is to be allocated to health care, which is 6.81 percent. GDP, and the government's priority will be investments in medical infrastructure and human resources. Expenditures on roads and railways will amount to PLN 53.9 billion, including PLN 20.1 billion from the state budget. (PAP)
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