Selected issues regarding Poland's financial security Cover Image

Wybrane zagadnienia dotyczące bezpieczeństwa finansowego Polski
Selected issues regarding Poland's financial security

Author(s): Zofia Szpringer
Subject(s): National Economy, Financial Markets, Public Finances
Published by: Kancelaria Sejmu
Keywords: budget; public finances; public debt; general government deficit and debt; stability of the financial system; defence; Poland;

Summary/Abstract: The aim of the article is to analyse some issues related to Poland's financial security, especially in the context of a high share of fixed expenditures, including social ones, and the necessary increase in spending on defence and the EU climate policy. The first section briefly presents the characteristics of financial security. The second section focuses on analysing the stability of the financial sector, the size of the public debt and the country's foreign exchange reserves, as well as the basic relationship between interest rates, growth and inflation. The article concludes that Poland's current financial security faces medium‑term risks that appear greater than the government assumes in its Medium‑Term Fiscal‑Structural Plan. These risks stem from the growth of general government debt. Therefore, it is advisable to increase budget revenues, implement pro‑development investments and reforms, limit certain expenditures, and strive for greater budget transparency.

  • Issue Year: 2025
  • Issue No: 82
  • Page Range: 7-28
  • Page Count: 22
  • Language: Polish
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