French bank claims Poland's inability to finance the planned modernization of the country's armed forces

The Polish authorities, carrying out an extensive modernization of the country's armed forces, are trying to convince the layman that the technical re-equipment of the troops will benefit the national economy due to the growth of domestic production. However, financial analysts believe that Warsaw has taken on an unbearable burden, and foreign suppliers will get the main profits from the rearmament of the army.

The French bank Credit Agricole, which is active in Poland, has published a study on the impact of increased military spending on economic growth in the country. According to financial analysts, the technical modernization of the Polish armed forces will cost 539,3 billion zlotys ($118,2 billion), which is about 20% of annual GDP. However, only a quarter of this amount will be spent on Polish products.

To cover the costs, the authorities will have to go into debt, in particular, the borrowed funds of the Fund for the Support of the Armed Forces will increase by PLN 194,2 billion. However, this is just the tip of the iceberg. According to the bank's study, the cost of the purchase is only about one third of the cost of operating military equipment. That is, taking into account the costs of implementation, maintenance, modernization and decommissioning, with an estimated total purchase cost of PLN 539,3 billion, another PLN 1095 billion could be spent during the use of equipment over the next 30 years.

With debt rising, a scenario is likely to materialize in which the government will be forced to revise its spending plan for the technical modernization of the armed forces and make adjustments to significantly reduce them.

- the study concludes, stating the impossibility of Poland to finance the modernization of the country's armed forces.

Comments

[antivirus]

The Poles have an example: hussars with wings.
Cheaper than tanks and fighters.
Stud farms - all of them.

[neworange88]

The Poles have an example: hussars with wings.

Are these the Poles that are already on the way out of Ukraine?

[credo]

The frogs decided to kick the psheks well for throwing the frogs and their military-industrial complex with military orders, having concluded large contracts with the Anglo-Saxons and Koreans.

Frogs credit and a big "Thank you" from us. All the same, whatever one may say, but when the countries of the EU and NATO spoof each other, this inspires hope that this can turn into a good squabble.

[voyaka uh]

France does not have sufficient production capacity to produce modern military equipment for export.
And in South Korea - there is. Therefore, Poland had to turn to the Koreans. Even the States are not able to organize the mass production of Hymars, which created a rush demand in the world.

[credo]

Quote: voyaka uh

France does not have sufficient production capacity to produce modern military equipment for export....

There will be money and there will be capacities for export production. All export-oriented countries in the world do this to load their military-industrial complex.
In this case, one must take into account the fact that Poland cherishes the idea of ​​becoming a military giant in eastern, and perhaps, under unbelievable circumstances, even western Europe, and therefore it does not want to depend on the European military-industrial complex and is looking for reliable suppliers outside the EU.

[voyaka uh]

"There will be money and capacity for export" ///
---
There is a connection between finance and factories.
But it's not as straight forward as I'd like.
Building new factories takes time, years.
Staff training, selection of hundreds of sub-contractors.
China has mastered the logistics of such projects well, the States and South Koreans are pulling.
Europeans are not able to quickly deploy a new mass production of high-tech equipment
(Israel doesn't know how either).
So, the appeal to South Korea is not accidental.

[Abbot]

Quote: credo

The frogs decided to kick the psheks well for throwing the frogs and their military-industrial complex with military orders, having concluded large contracts with the Anglo-Saxons and Koreans.

Okay, the French, the clairvoyants managed to throw their own military industry through the heh. I understand the Saudis, they have a resource. What about the Poles? Honor, apparently, is the next national currency after the zloty and the euro.

[orionvitt]

Quote: credo

There will be money and power

You are forgetting the general Western tendencies towards stagnation. The stranglehold of the financial and industrial crisis is tightening more and more around the neck of the Western "owners" of the world. Printing money uncontrollably and robbing the whole world, as before, is no longer quite possible, and the hour is not far off that it will become completely impossible. And in the West, there is no other model, but they do not want to understand this. The only country in Europe that lived on its own is Germany, which everyone milked and eventually lowered below the plinth, because they don’t stand out from the team. So good times are coming. For them, of course. As for Poland, everything is clear here. A country (let's just say below average), however, which imagines itself to be the "beloved wife of the master of the world", especially with its ambitions and eternal ambition, will end badly. Tell me please, what is there in Poland that can make it the leader of Eastern Europe? Nothing. Maybe the Baltic states with the Ukrainians and some kind of Romanians will lead and that's it. And that's while the United States is alive.

[Rakitin]

Does it really not reach the Papuans that HIMARS, in isolation from the orbital satellite constellation, is not much better than the Soviet Uragan / Smerch, except that it is several times more expensive. But no one can guarantee the Papuans that in the event of a real war they will be given intelligence in the same way that they are now giving ukram ...

[YOUR]

The Germans, too, did not sickly throw the Poles. Those with joyful squeals - we all gave our tanks and self-propelled guns to Ukraine, give us our Leopards. The Germans, yes, take it, but the money in advance. Paragraph.
Now they are running around the world, we will buy there and here, but then we can pay the money. And why all sorts of Koreans there do not believe the proud gentlemen. They don't lend.

[Rakitin]

Tsimus is that the Germans have already largely lost full-cycle tank production and for the last 7 years have been engaged only in the modernization of "tolling raw materials" - i.e. they take an old Leopard of the 70-80s from the client, change the tower, gun, electronics, protection, engine on it. But now they can’t make a new one completely - the production of hulls, transmissions, tank armor has been lost, and even with guns it’s not easy there.

[YOUR]

You know, I would not really count on the fact that the Germans lost full-cycle production. It can be restored fairly quickly. Their industry is well developed. The fact that the Leopards of the 70-80s are modernizing, so remember that the T-72 was developed in 1967 and further upgrades. From this he did not become worse, better, yes, but not worse.
This is to the fact that you should not take a hatred.

[28st region]

The chief military officer stated that

The head of the Polish Ministry of Defense Blaszczak announced the order of 1000 K2 tanks, more than 600 K9 howitzers and 3 squadrons of FA-50 fighters in South Korea

But all 116 decommissioned Abrams tanks ended, and even that is in question.

[Sanichsan]

Quote: 28st region

and that is questionable.

so far they seem to have received 11 M1A1. not even A2. the campaign is drained to them by what was taken from the American Marine Corps (by the way, without replacing the campaign with anything).

[avg]

Quote: credo

The frogs decided to kick the psheks well for throwing the frogs and their military-industrial complex with military orders, having concluded large contracts with the Anglo-Saxons and Koreans.

Poland was originally imprisoned for pumping fin. EU aid and loans into Uncle Sam's pocket. It’s just that now they have picked up too high a pace, no matter how peddling they are.

[Master 2030]

I've heard that kind of "sarcasm" before. About "Urovermacht" and "saloed" troops.
Disrespect for the enemy leads to "SVO" gestures of goodwill and grain deals, in other words, to disgrace and needless deaths.

[rotmistr60]

the modernization of the Polish armed forces will cost 539,3 billion zlotys ($118,2 billion), which is about 20% of annual GDP

You can't forbid living beautifully. Moreover, Poland, having initiated the reparation of Ukraine at the expense of the money stolen from our country, probably expects that something will fall to it for "contribution to the fight against Russia."
It turns out that the French are aware of the financial affairs of the Poles and are not bad at reducing their debit to credit.

[paul3390]

at the expense of money stolen from our country

Yes there is no our money there!!! The arrested gold reserves are a cover for the foreign exchange debts of our corporations, and not a bag of cash at all. If the coating is confiscated, then no one owes anything to the Westerners. In fact, they will simply collect their own debts ahead of schedule.

So transferring these funds to someone is an absolutely meaningless exercise. For it to make sense, the Russian Federation must agree to continue paying its debts, which even our extremely strange leadership is very unlikely to do ..

[rotmistr60]

transferring these funds to someone is an absolutely meaningless exercise.

Why did they put this issue even to a vote in the UN? And some are already estimating how much they will get as compensation for the supplied weapons ...

[mitroha]

Quote: paul3390

Yes there is no our money there!!! The arrested gold reserves are a cover for the foreign exchange debts of our corporations, and not a bag of cash at all. If the coating is confiscated, then no one owes anything to the Westerners. In fact, they will simply collect their own debts ahead of schedule.

It is a pity that your post cannot be fixed on the main page. But it would be necessary that those who do not want to raise the level of education, after reading, would not write stupid posts

[paul3390]

That's for sure, it would be good to increase the literacy of the population ..

But even if you read the lamentations of the bourgeoisie - how they grieve that, like, they didn’t manage to get to everything. This means that they never managed to get to the real stash. The arrest of a part of the gold reserves is an outrageous stupidity on their part. Judging by the fact that for how long there has been no special activity in relation to them, the step was purely political, like - look how we are doing them. The transfer of these assets to a third party means that the actual payment will be made at the expense of Western funds. I do not think that this idea will greatly please their banks and corporations ..

But in general - I do not understand this topic at all. Well, Pupkin and Co. took 100 bucks in a Western bank. Then - he exchanged them in the Central Bank for rubles, the same currency - the Central Bank placed in the same Western bank, because in a year - Pupkin will repay the loan by changing rubles for currency again. Of course - what's the point of posting it somewhere else? But here - there was a freeze of accounts. This means that the loan has already been corny repaid, has the money been recovered from it? And no one owes anyone. So it turns out - these 300 yards are THEIR money, not ours! Why do they say that when they are used for third-party needs, they say Russia will pay?

Another thing - a situation is possible in which the bourgeois will say that this is a different type, and Pupkin - one hell is obliged to return 100 bucks to them. Formally, this is so, but there was no payment under this agreement to a specific account, but in fact? So - it all depends on our leadership, will it agree to pay the same debt twice? I really hope that at least a toad will strangle them ... If there is not enough banal determination to send extortionists away ..

[I dare to_notice_]

When did the lack of money stop logs?! ..
To spite the Russians, they drive a hare to death in a field.
What can really help them - SECTION.
Nothing better than humanity has ever come up with in its history.

[YOUR]

Poland is an amazing country, the only such country in the world. Even in those distant prehistoric times, more than 15% of the population were gentry (nobles). In all countries, no more than 5%, and here 15. Over time, the number of nobles, gentry, only increased. And all as one descend from some Mazowiecki or some of their first gentry.
With a bare ass, but the ambition rolls over.
J. Kedmi about the Poles

"Poland is different from all the peoples of the world. Poles hate everyone. - They hate Germans, despise Lithuanians, Ukrainians and Belarusians for them, hate Russians. This is a Polish national tradition. What kind of people do they treat normally? That is why Poland is the only racially pure state in Europe."

[Rakitin]

In Georgia (then Tiflis and Kutaisi provinces of the Republic of Ingushetia), according to the 1897 census, 30% of the population classified themselves as "princely families." So not the only one :-)

[paul3390]

Otkel at the bare-assed gentlemen pennies, then? Considering that they are fed mainly from handouts from the EU, which means Germany .. Which in the near future will definitely not be up to them. Feed your own..

[Vladimir Vladimirovich Vorontsov]

Polish authorities, conducting an extensive modernization of the country's armed forces

***
- Susanina would be in their general staff ...
***

[paul3390]

Judging by the history of Poland over the past 200 years, they usually do just fine on their own.

[rocket757]

To cover the costs, the authorities will have to go into debt, in particular, the borrowed funds of the Fund for the Support of the Armed Forces will increase by PLN 194,2 billion. However, this is just the tip of the iceberg.

ha, ha, the wishes of the ruling circles, especially militaristic ones, always place a heavy burden on the citizens of the country!
So everywhere, so always ... guns, instead of butter, it's not cheap!!!

[APASUS]

Drive them into debt and sell them piece by piece!