Former Prime Minister Mateusz Morawiecki made available on his social media accounts a video on which the talker accuses the Donald Tusk government of causing record budget deficit.
SEE: The parliament has revised the budget. The deficit is rising
"While watching this film, the government owed us another nearly half a million zlotys“ He described his political material.
"Gross Deficit". Morawiecki posted a clip
– Horror deficit It's a fact. For six months we have lost almost PLN 8,000 on average per second. After 7 months of this year, the budget deficit is already PLN 156 billion," says the teacher at the beginning of the material.
In the following part of the video, the talker explains to viewers that the current debt is liable Government coalition.
– Inept coalition government 13 December He owes us an avalanche. We are facing a constitutional threshold of 60% debt over GDP. This is not an abstraction, after crossing it Poland will lose credibility, investors will turn around, the cost of servicing the debt will go up – says the talker in a fresh video, published in social media by Mateusz Morawiecki – warned the speaker.
– Poles will pay for this, of course, with higher taxes, costly and subsequent sacrifices. And the government? alternatively of yet taking charge of repairing public finances, it offers us a festival of substitute themes, but debt grows faster than ever. It's a delayed ignition bomb, and we know how to disarm it. If you can't, leave. – was transmitted in the material made available by the Prime Minister.
The Prime Minister admits: We have a advanced deficit
Recently the Prime Minister himself mentioned the problem of over-indebtedness Donald Tusk.
‘We have a debt, We have a advanced deficit.. I can't cross any of these categories, due to the fact that the dominoes will begin and very bad consequences. I must act under the work of the full state affairs," said the head of government during the gathering with residents Pabianic Saturday, July 26.
The government assumed optimistically that deficit will be slow reduced. However, statistic show that this is not the case.
– Bringing the deficit of the public finances sector to 4.5% in 2026, as was established in the medium-term budgetary and structural plan, it is improbable that it will win – the deficit will be much higher next year; we anticipate it to be akin to this year, so around 6% of GDP – said in conversation with Interia Business economist mBank Arkadiusz Balcerowski.
SEE: Billions of euros for Poland. The European Commission has shown a draft fresh budget
He added that politicians of the civilian Coalition besides have no courage to cut in the public sector.
– all government a small pushes back this imagination and the current voices are alternatively moving in that direction too, that no 1 will tamper whether it is at a simplification of 800 plus or erstwhile defining the mark group for this benefit (...). Given that this government He's already got a government patch that erstwhile raised his retirement age, it would be hard for him to take specified a negative step – said Arkadiusz Balcerowski.
"We will become 1 of the more indebted in the EU". Experts alert
As early as May, any experts had already alerted them to emerging economical problems.
"Governmental scenarios show that if public finance imbalances stay unchangeable to date, debt, like a snowball, will increase to 100% of GDP in little than a decade and a half. From a country with a average level of debt, we will become 1 of the more indebted countries in the EU", wrote the Council of the Polish Economists Society in a communication.
SEE: The EU has included Poland in the excessive deficit procedure. Here are the consequences.
Experts then recalled that the erstwhile government squad had besides had major “deeds” in debt.
"However, we must not forget that public finances are a dynamic process. Their condition is in the accident part of today's decisions of the current government, but mostly depends besides on past actions taken by predecessors, on the state of public finances and trends "stitched" in the commitments taken – wrote on platform X the head of the Public Finance Institute, Dr. Sławomir Dudek.
