“The state of Poland’s public finances is serious. We face an excessive deficit, high debt servicing costs, and a rapidly growing public debt, which may soon exceed the 60% of GDP threshold.
However, we must not forget that public finances are a dynamic process. Their condition is partly the result of the current government’s decisions, but to a large extent it also stems from past actions taken by previous administrations, from the state of public finances they left behind, and from the trends embedded in existing commitments,” writes Dr. Sławomir Dudek on platform X.
“What we are seeing today in public finances is not ‘Domański’s hole’ — it is ‘Morawiecki’s hole,’ which the previous government cynically concealed in its debt management strategy, and which the current government is unfortunately maintaining — and even expanding.
We must not forget that it was Morawiecki’s government that deliberately pushed public finances to the edge of a debt spiral; it was Morawiecki’s government that drove us into the excessive deficit procedure.
Unfortunately, the current government, standing at the edge, is boldly taking a step forward — and is continuing down the harmful debt path that Morawiecki tried to hide.”
