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 Polish economy is well prepared for the second wave of the coronavirus pandemic, head of the Polish Development Fund Pawel Borys said during the 10th European Financial Congress, which began online on Monday.
Polish GDP may increase by as much as 7-8 percent quarter on quarter in the third quarter of 2020, while declining to 2-3 percent throughout the whole of 2020, Head of the Polish Development Fund (PFR) Paweł Borys told public broadcaster TVP Info on Tuesday.
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.
Poland's GDP will grow by 5 pct in the third quarter of the year, Paweł Borys, head of the state-run Polish Development Fund (PFR) told a press conference on Tuesday.
Polish companies received PLN 100 billion (EUR 22.46 billion), some 5 percent of the country’s GDP under the government anti-crisis shield scheme launched 100 days ago.
The Polish Development Fund (PFR) on Tuesday launched a project whereby large Polish companies with over 249 employees could submit requests for coronavirus-related assistance. The programme is worth PLN 25 billion (EUR 5.7 billion), PFR said in a communique.
Pointing to Poland’s impressive GDP figures and the government’s handling of the coronavirus, PM Morawiecki said at a press meeting on Friday: "Together we'll come out of this crisis victorious.”