Home » News » “Poland 20. The world economy this year”. Andrzej Domański about accelerating development

“Poland 20. The world economy this year”. Andrzej Domański about accelerating development

by Emma Walker – News Editor

Poland‘s Minister of Finance,andrzej Domański,has voiced strong criticism regarding proposals put forth by President-elect Karol Nawrocki,labeling them as populist measures that could jeopardize the stability of public finances. Domański suggested that Nawrocki’s focus may not be on the serious implementation of these ideas, but rather on undermining the current government’s efforts.

The minister highlighted poland’s notable defense expenditure,noting that the nation currently allocates nearly 5% of it’s Gross Domestic Product (GDP) to defense,a figure he stated is the highest within the NATO alliance. He emphasized that every budgetary decision must consider this substantial commitment.

Moreover, Domański underscored the critical importance of strengthening the foundational elements of the Polish economy. This includes prioritizing investments in infrastructure development, fostering innovative technologies, and actively engaging in economic diplomacy.

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