The ratio of Polish public debt to GDP will be 50.5% in 2023 and will rise to 52.4% the year after that, and subsequently to 53.6% in 2025, Deputy Finance Minister Piotr Patkowski said in an interview published on Tuesday by Rzeczpospolita daily.
Patkowski also said that the assumptions in the convergence plan it sends to the European Commission every year, also assumes that in 2023 real GDP growth will amount to 0.9%.
"... in the following years it will accelerate to 2.8%, 3.2% and 3% in 2026," the deputy finance minister told Rzeczpospolita.
Patkowski said that in 2023 the deficit of the public finance sector will amount to 4.7% of GDP, and in the following years it will fall to 3.4% in 2024 and to 2.9% in 2025 and 2026.
The finance ministry also predicts that in 2023 the average annual inflation will be 12%, in 2024 6.5%, in 2025 3.9% and 3.1% in 2026, Patkowski said.
(Reporting by Pawel Florkiewicz; Editing by Jacqueline Wong)
