The government adopted the assumptions of Makro 2025-2029, including inflation. “Burdened with great uncertainty”

The Council of Ministers adopted many years of macroeconomic assumptions for 2025-2029 – the Ministry of Finance said in a press release. MF forecasts that the GG sector deficit in 2025 will amount to 6.3 percent. GDP, and debt 57.8 percent GDP. This year, the dynamics of Polish GDP will amount to 3.7 percent, and inflation will be at 4.5 percent.

“In 2025, further acceleration of the national economy is expected – the increase in GDP in real terms will be 3.7 percent. This will result from the increase in domestic demand – the expected faster increase in private consumption and the return to the positive dynamics of the investment, which will be influenced by the increase in defense expenditure, the implementation of projects from the national reconstruction plan and increasing resistance and other key public investments. It is forecasted that the total investments in 2025 will increase by 8.9 percent.

“The perspectives of the Polish economy are, however, burdened with great uncertainty about the situation in the external environment of the Polish economy (the impact of US customs policy and its effects, as well as the possible escalation of war in Ukraine, the economic situation in Germany). Among the national risk factors, the use of EU funds, the further course of demographic changes and migration, which is also related to the situation in Ukraine” – added.

The Ministry of Finance assumes that The average annual CPI will amount to 4.5 percent in 2025.

“It is forecasted that the rate of growing prices of consumer goods and services in 2025 will amount to 4.5 percent, compared to 3.6 percent in 2024. The price of the NBP target will contribute to the energy price, in particular gas prices for households, which from January 1, 2025 increased by 6 percent.” – written.

“Unemployment in Poland remains at a historically low level and there is no indication of this trend. – Added.

The deficit of the sector of government and local government institutions in 2025. According to the SMF forecast, will be 6.3 percent. GDP.

“The deficit of the government and local government sector in 2024 amounted to 6.6 percent of GDP. This is 1.3 percentage points higher than in 2023. The sector deficit greater than expects significantly influences the lower impact than the income, in particular from VAT, and accelerating the spending of funds on the reconstruction of defense abilities. In 2025, the sector's deficit will be reduced to 6.3 percent. “

According to the finance ministry forecast, the GG sector debt in 2025 will amount to 57.8 percent. GDP to 55.3 percent GDP in 2024 (PAP Biznes)

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