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I UNDERSTAND
English Section

Poland unveils new anti-crisis package

07.04.2020 17:55
Poland on Tuesday unveiled a planned new package worth over PLN 11 billion (USD 2.64 bn, EUR 2.43 bn) to help the economy amid the coronavirus epidemic.
Łukasz Schreiber
Łukasz Schreiber Photo: PAP/Piotr Nowak

The programme aims to protect jobs and will complement a massive relief and stimulus plan signed into law last month, said senior government official Łukasz Schreiber.

He told reporters that farmers under quarantine would be entitled to special benefits equivalent to half the minimum monthly wage.

Development Minister Jadwiga Emilewicz said that under the new measures, companies employing 10 to 49 staff would be allowed to pay 50 percent less in social security contributions.

Poland’s president at the end of last month signed into effect a massive relief package aiming to shore up the economy and shield the nation from the impact of an intensifying coronavirus outbreak.

Prime Minister Mateusz Morawiecki has told reporters that the total value of that anti-crisis package, which also seeks to guarantee the security of the country’s financial system, will come to PLN 212 billion (EUR 47 billion, USD 52 billion), an amount equivalent to around 10 percent of Poland’s GDP.

A total of 4,666 people have tested positive for the COVID-19 disease in Poland, with 129 deaths from the coronavirus so far, officials said on Tuesday afternoon.

(pk/gs)

Source: PAP