According to the European Commission, the costs of handling Polish public debt in 2024 will amount to over PLN 105 billion. This means that they will be 3.5 times higher than in 2020. Problem is, the Law and Justice government says otherwise. According to them, in 2024 the cost of supporting Poland's debt will scope PLN 66 billion. Consequently, the forecast of the government of PiS is 40 billion PLN lower – that's what it costs to handle debt in non-budget funds. The Confederate took the level in this case, they call this difference “the Moravian budget hole”.
According to the EC data, the increase in the cost of service of merit in Poland is the fastest in the full European Union. However, the Polish government disagrees with this by showing completely different data. This discrepancy is due to the fact that PiS does not include extra-budget debt costs.
“Inflation is only 1 manifestation of the work of this government. Let us remind you that at the last session of the parliament a bill was passed, which fundamentally removes the brakes from the extra-budget funds and allows funds to be freely shifted between the budget and the extra-budget funds." said Krzysztof Bosak. The MP thus referred to funds called up by the government of Mateusz Morawiecki, which were outside the control of Parliament. We are talking about the Covid-19 Support Fund, the Assistance Fund and the Armed Forces Support Fund.
“The government does not say that the cost of debt service will be 100 billion, only 66 billion. These 40 billion are the handling of out-of-budget debt."
