FinMin: 500+ will give 0.5% demand stimulus

The 500+ child benefit program will give 0.5 percent demand stimulus in 2016, said Finance Minister Paweł Szałamacha. The official also asserted that Brexit will have no effect on Poland's economy. "Poland's exposure to the UK's economy is relatively low and the impact will be negligible," Szałamacha told a press conference. Meanwhile Labor Minister Elżbieta Rafalska said that as much as PLN 5 billion was paid out under the 500+ program by the end of June.