Government proposes five-part aid package worth PLN 212 bn

The Polish government has prepared an assistance package worth PLN 212 billion that will cover five areas, according to the Chancellery of the Prime Minister. The package includes a cash government component worth PLN 66 billion, a liquidity government component worth PLN 74.5 billion and the NBP liquidity package worth PLN 70 billion.

Co-financing of flexible employment, transfer of payments from the media, parking financing for civil law and self-employed contracts, as well as credit holidays will amount to PLN 30 billion, including PLN 23.8 billion in expenses and PLN 6.2 billion in liquidity.

Enterprises can count on PLN 73.2 billion, including guarantees, loans, capital, insurance, and additional payments, financing of leasing for transport companies, loan of PLN 5,000 for micro-enterprises, deferral or distribution of ZUS contributions without fees.

Healthcare.will get  PLN 7.5 billion on the fight against SARS-CoV-2. Much more – PLN 70.3 billion – will be allocated to strengthening the financial system.

Public Investment Program with a value of PLN 30 billion will consist of the creation of the Public Investment Fund, infrastructure, modernization of schools and hospitals, energy transformation, digitization, biotechnology and pharmacy, other anti-crisis measures.

(PAP)