Skiba: BGK involvement in development fund is analyzed

Deputy Minister of Finance Leszek Skiba said that the involvement of state-owned development bank BGK in Poland's development fund is being analyzed. "We draw attention to certain problems, particularly with regard to its duties associated with public finances, which are important for the smooth functioning of the Ministry of Finance. ... BGK is a bank, whether it is to operate within the broader structure remains to be decided," Skiba said. The Polish Development Fund is one of the key ideas of the development plan authorized by Minister Morawiecki. It will be formed by merging existing institutions, including the Export Credit Insurance Corporation (KUKE),  development bank BGK, the Polish Agency for Enterprise Development (PARP), the Polish Information and Foreign Investment Agency (PAIiIZ), Industrial Development Agency (ARP) and Polish Investments for Development (PIR).