By end of year Poland will have PLN 90 bln from KPO
Poland has completed or launched all investments financed under the National Recovery Plan (KPO), according to Funds and Regional Policy Minister Katarzyna Pełczyńska-Nałęcz. The PLN 240 bln program has already brought about PLN 150 bln to Poland, with the remaining PLN 90 bln expected by year-end. Around PLN 40 bln is due in October and PLN 50 bln in December. Over the past two years, Poland has implemented 54 reforms and 57 investments under the plan.
The KPO is designed to strengthen the economy through investment and institutional reforms. Poland has access to nearly EUR 54.71 bln in total, including EUR 25.27 bln in grants and EUR 29.44 bln in preferential loans.
(pb.pl)