The Polish prime minister announced on Tuesday a tax-collection waiver on all grants which have already been redeemed from a financial shield assistance programme for enterprises.
State aid programmes for micro, SME and large companies during the pandemic stabilised their financial situation, the president of the Polish Development Fund (PFR) has said.
The Polish Development Fund has channeled billions of funds to companies struggling with the economic effects of the Covid-19 pandemic since it began in the spring of 2020.
A PLN 25-billion (EUR 6.43-billion) financial shield, to be launched next week, offers liquidity and preferential loans to large companies hit by government-imposed Covid-19 related restrictions.
Over 30,000 micro entities have to date received PLN 2.6 billion (EUR 577 billion) from the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR said on Thursday.
Poland's Council of Ministers has extended its Financial Shield 2.0 pandemic support measure to include nine further business classifications, a deputy prime minister announced on Tuesday.
Pandemic affected restaurants, hotels and non-public schools have received over PLN 700 million (EUR 154.4 million) in aid from the government's so-called financial shield, Prime Minister Mateusz Morawiecki said on Tuesday.
The Financial Shield 2.0 passed by the government will provide support for 45 sectors damaged by the coronavirus crisis, the head of the state-owned Polish Development Fund (PFR) said on Tuesday.
The government on Tuesday passed a second version of a Covid-19 financial shield for small and medium-sized businesses (SMEs), and upgraded the first version of the shield, the government press service informed.
The European Commission has given the go-ahead for the launch of Poland's so called Financial Shield 2.0, a state aid package addressed to enterprises hit by the effects of the coronavirus pandemic.
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