Polish government is planning to keep its public debt to GDP measure below the 55% mark which public finance law sets to trigger the next set of automated austerity measures, deputy Finance Minister Wojciech Kowalczyk told reporters on Wednesday.

"Over the horizon of the [debt management] strategy, of course, public debt will not exceed 55% of GDP by the domestic methodology," Kowalczyk told reporters.

Poland has written debt to GDP thresholds into its constitution as well as public finance law as well as VAT law, all with mandated austerity responses. For the law, Poland uses its own accounting standards which differ slightly from EU accounting for Maastricht compliance.

Poland ended 2011 with debt at 53.5% of GDP (by the Polish accounting standard). In its latest update to its convergence program, Poland forecast an end-2012 debt to GDP ratio at 50.5% and 49.2% at end-2013.