Government proposes zl.90 million fund to boost private sector investment

The government yesterday approved a draft of an investment support bill whic h would allocate zl.90 million to provide state funds to investors. Under th e auspices of the legislation, companies vying to obtain funds would have to meet one of five criteria: Investment of over euro 10 million or euro 500,00 0 million while maintaining at least 100 employees; creation of at least 20 new jobs; introduction of technological innovation; investment improving env ironmental conditions. At the same time the government made a decision on su bmitting the next budget amendment to the Sejm, which would increase expendi tures for this year by zl.3.8 billion, to cover certain current liabilities related to health care and debts owed to PKO BP, among others. (Rzeczpospoli ta, p. B2) P.W.