S&P Agency has decided on Poland's rating. Outlook downgraded to negative

S&P has maintained Poland's rating at A- but downgraded its outlook to negative, citing increased debt risks. Finance Minister Andrzej Domański attributed this change to President Karol Nawrocki's veto powers, which hinder fiscal consolidation efforts. The agency forecasts a GDP growth of around 3% from 2027 to 2029, but warns that rising debt could limit the government's ability to respond to economic shocks. The Ministry of Finance noted that the upcoming elections complicate economic policy implementation, with a projected government deficit above 7% of GDP until 2027. Additionally, net government debt is expected to exceed 70% of GDP by 2029.