Number of applications for gov’t aid dropping: official

Deputy head of the Polish Development Fund (PFR) Bartosz Marczuk has said that the number of applications for government financial aid for companies has been decreasing day by day, with some 4,000 applications coming in daily this week, compared to 10,000-13,000 some weeks earlier.

Already PLN 100 bn earmarked to save jobs in Poland: PM

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According to Mr Marczuk, this proves that most of the eligible companies have already applied for government aid. Close to 329,000 businesses have submitted their applications, with 87 percent of them having received money, he added.

The PFR official also praised the application system for its ability to reject ineligible applicants not entitled to the aid thus saving public money.

Mr Marczuk has also said that the PFR will pay out some PLN 60 bln (EUR 13.5 bln) in government pandemic aid to small firms, out of the total of PLN 75 bln (EUR 16.8 bln) planned.

Polish small and medium-sized firms have time until July 31, 2020, to apply for the coronavirus pandemic aid.

Companies which continue to run their business and maintain their employment levels may have up to 75 percent of the aid redeemed at a later date.

During a conference on Monday, PM Mateusz Morawiecki said that 100 days since the announcement of the state of the epidemic, the government has earmarked PLN 100 bn (EUR 22.45 bn) to save five million jobs.