PM presents National Recovery Plan
Polish Prime Minister Mateusz Morawiecki on Friday presented a five-tier National Recovery Plan for reviving the national economy from the effects of the Covid-19 pandemic.
Presenting the plan at a press conference, Morawiecki said it was designed to re-boot the economy after the pandemic, and covered a number of major economic investments, including the construction of a Central Transportation Port and a canal across the Vistula Spit on the northern seacoast.
He added that it also foresaw several local and regional projects countrywide.
Among others, Morawiecki announced that over EUR 55.4 will be channelled to energy transformation, nearly EUR 4.4 billion to health reforms, and also nearly EUR 4.4 billion to economic revival and innovation projects.
After the presentation Morawiecki's office said on Twitter that the plan was not only an economic revival programme, but also contained a new overall strategy for the economy.
The office said the plan, which allocates funding to a variety of economic reforms, programmes and investment projects, will enable Poland to receive financial aid from the EU's Recovery and Resilience Facility.
Commenting on the plan's construction, the office said its five main pillars will cover digital transformation, strengthening economic resilience and competitiveness, health service reforms, green and smart mobility, and green energy transition combined with energy consumption reduction projects.
The office also said that until the end of 2026 Poland should receive EUR 23.9 billion in non-reimbursable grants and EUR 34.2 billion in loans from the Recovery and Resilience Instrument.