Both rigor and luck will be needed to maintain the figures of the 2027 budget

The Budget Council (KT) finds the 2027 budget proposal generally acceptable but highlights several risks, particularly regarding overly optimistic projections by the Ministry of Finance. While the council no longer has veto power, its opinions remain significant. The government’s GDP growth forecasts are slightly below market expectations, and while the foundations for growth are strong, external economic conditions pose risks. The KT emphasizes the need for strict execution control to meet budget deficit targets and warns about planned expenditure cuts that depend on factors beyond government control. Overall, the KT concludes that while the main figures are achievable, government discipline is crucial to avoid potential pitfalls.