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MFIPR: a security and defense fund to be created as part of KPO

19:00

MFIPR: a security and defense fund to be created as part of KPO
Source: Pexels


Minister Katarzyna Pełczyńska-Nałęcz confirmed that the European Commission has approved the fund, redirecting some funds from the Green Urban Transformation instrument. Local governments will benefit from defense-related infrastructure projects, such as roads and shelters, as well as defense research and production.

Prime Minister Donald Tusk noted that PLN 30 billion from KPO could be allocated to defense, pending collaboration with other ministries. The government may soon introduce a law to simplify defense investments.

Meanwhile, Ursula von der Leyen announced an EU rearmament plan to mobilize 800 billion euros, including €150 billion for air defense and cohesion policy funds for military use.

Poland has already received PLN 67 billion from KPO, with a quarter of total funds contracted. Up to PLN 20 billion from the Green Urban Transformation may be reallocated for defense investments, subject to talks with the European Commission.

(pb.pl)

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