Finance

Polish president says all options open on budget bill

Published by Global Banking & Finance Review

Posted on January 13, 2026

2 min read

· Last updated: January 19, 2026

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Polish president says all options open on budget bill
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LONDON, Jan 13 (Reuters) - Poland's President Karol Nawrocki on Tuesday criticised the government's 2026 budget and said he was leaving all options open regarding his decision over whether to sign the

Polish President Keeps Options Open on Controversial Budget Bill

Polish Budget Controversy

LONDON, Jan 13 (Reuters) - Poland's President Karol Nawrocki on Tuesday criticised the government's 2026 budget and said he was leaving all options open regarding his decision over whether to sign the budget bill.

The president cannot veto the budget bill, but he can refer it to the Constitutional Tribunal, which has two months to decide whether it is consistent with the Constitution.

Nawrocki has until the end of the week to sign it or send it to the Tribunal. If he chooses the latter, state finances will be based solely on the bill's draft, ignoring the amendments introduced by Parliament.

Presidential Concerns

"I have many reservations about the Polish budget and the allocation of Polish funds for next year. I feel a lot of resentment towards the Polish government and the Minister of Finance for neglecting the budgetary issues of the Polish state so much," said the president.

"However, my decision regarding signing the budget or referring it to the Constitutional Tribunal will be made at the appropriate dates. I don't know what I will do, I am open to every possibility."

Budget Deficit Projections

Next year, the budget deficit is expected to reach nearly 272 billion zlotys ($75.30 billion), or 6.5% of GDP, compared to 6.9% in 2025.

($1 = 3.6121 zlotys)

(Reporting by Barbara Erling and Pawel Florkiewicz; writing by Anna Wlodarczak-Semczuk; Editing by Bernadette Baum)

Key Takeaways

  • Polish President Karol Nawrocki criticizes the 2026 budget.
  • President may refer the budget bill to the Constitutional Tribunal.
  • The budget deficit is projected to reach 272 billion zlotys.
  • Nawrocki expresses concerns over budget allocations.
  • Decision deadline for the president is the end of the week.

Frequently Asked Questions

What is a budget deficit?
A budget deficit occurs when expenses exceed revenues, leading to a shortfall that must be financed through borrowing or other means.
What is GDP?
Gross Domestic Product (GDP) is the total monetary value of all goods and services produced within a country's borders in a specific time period.
What is a constitutional tribunal?
A constitutional tribunal is a court that rules on the constitutionality of laws and regulations, ensuring they comply with the constitution.

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