EU funds used "ineffectively": Sejm Commission
Members of the Sejm's European Commission issued an opinion yesterday that
Poland is using financial aid from the European Union ineffectively.
According to a sub-commission head, Boguslaw Liberadzki, by the end of 2001
the Union had granted to Poland a total of euro 2.53 billion from the PHARE
fund, from which contracts were signed for euro 2.13 billion, or 84% of
appropriated funds, and euro 1.81 billion, or 72% of total funds, was paid
out. In the period leading up to 1997, the rate of allocated funds was never
lower than 97%, and the amount of funds paid out was just slightly lower.
The situation worsened in the years 1998 to 2000, when from the granted euro
980 million, only euro 610 million was contracted, while euro 315 million
was actually paid out. (Rzeczpospolita, p. B2) M.T.