Date first published: 17/10/2023

Key sectors: all

Key risks: political instability; policy uncertainty

Risk development

Although the ruling Law and Justice (PiS) party won the 15 October general election, securing 35.4 per cent of the votes, celebrations were rather modest. Opposition coalitions – including the centrist Civic Coalition (KO), the centre-right Third Way and the New Left – gained 248 seats in the 460-member lower chamber of parliament – known as Sejm in Poland – having substantially higher chances of forming a government. However, President Andrzej Duda has previously indicated that he would appoint the largest party to form a government. Given PiS’s low chances to do so, such a decision would likely protract the government formation process.

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