WARSAW, Poland ( TheStreet) -- Bronislaw Komorowski of Poland's ruling Civic Platform party won the country's presidential election, defeating Jaroslaw Kaczynski, the identical twin of late President Lech Kaczynski.

Komorowski won 53.01% of the vote vs. 46.99% for Kaczynski.

Komoroski's victory means the government is likely to enact spending limits proposed by the Civic Platform party that are aimed at reducing the country's budget deficit. Komorowski also is expected to push for continued privatization of state-run companies and for reductions in welfare benefits, the AP noted.

The presidential election originally was scheduled for later this year, but the death of former president Lech Kaczynski in a plane crash in western Russia in April required that the election be held earlier. A national tragedy, the crash also claimed the former president's wife as well as top government and military officials.

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This article was written by a staff member of TheStreet.com.