Standing comittee aproves PLN500+ program

Although the Ministry of Finance gave a negative opinion on the party's flagship child subsidy program PLN 500+, the standing committe approved the draft bill of the project, Henryk Kowalczyk, comittee's head said at a joint conference with Finance and Labor Ministers. The draft should be adopted by the cabinet at the next sitting, Kowalczyk added. The Ministry of Finance said on Thursday morning that that the official evaluation of the consequences of the bill  projects its expenses to amount to PLN 17, 272 billion, whereas the government's most recent budget projections assumed that it will equal PLN 17, 055 billion. The draft bill has been smoothed out in inter-ministerial consultations," Finance Minister Pawel Szałamacha said." The program is expected to launch on April 1, 2016.