Within the Polish Devlopment Fund's (PFR) 'Financial Shield' to mitigate fallout from the COVID-19 crisis, sectors affected by restrictions have received almost PLN 4 billion (EUR 874 million) in support, PFR President Pawel Borys tweeted on Wednesday.
The PFR shield, a multi-billion government programme aimed to prop up Polish businesses hit by the coronavirus crisis, will have to be included in the general government deficit in 2020, raising it to 12 pct of the country's GDP, a deputy minister said.
President of the Polish Development Fund (PFR) Pawel Borys wrote on Twitter on Wednesday that "gloomy predictions regarding unemployment and wages have not come true."
President of the Polish Development Fund (PFR) Pawel Borys on Friday expressed his conviction that Poland's economy was likely to increase by 4-5 percent quarter on quarter in the third quarter of 2020.
A total of 345,542 companies employing 3.12 million people have so far received PLN 60.05 billion (EUR 13.75 billion) under the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR head Paweł Borys said on Monday.
As many as 83 percent of Polish companies plan for employment to remain unchanged despite the coronavirus epidemic, according to the latest research by the state-owned Polish Development Fund (PFR) and the government advisory body, the Polish Economic Institute (PIE).
The year-on-year 0.5-percent increase in Poland's sold industrial production in June is beating all forecasts.
Over 325,300 companies employing 3.02 million people have so far received PLN 58.14 billion (EUR 12.9 billion) under the Polish Development Fund's (PFR) financial shield amid the coronavirus pandemic, PFR said on Monday.
The government has so far granted over PLN 81.8 billion (ca. EUR 18.4 bn) in aid to Polish firms within the framework of the financial shield scheme overseen by the Polish Development Fund (PFR), Labour and Social Policy Minister, Marlena Malag has told PAP.
The Polish investment vehicle Polish Development Fund (PFR) on Friday sold PLN 18.5 billion (EUR 4.1 billion) in five-year bonds at an annual interest rate of 1.625 percent, PFR head Pawel Borys wrote on Twitter.
This site uses "cookies". By staying on it, you agree to the use of cookies.
