Politics

EC accepts Poland’s first post-pandemic recovery fund payment request

The European Commission (EC) has approved our first payment request from the European post-pandemic funds, we are waiting for the transfer, Poland’s Minister of Development Funds and Regional Policy Katarzyna Pełczyńska-Nałęcz announced on Friday on X.

She furthermore added, the money should be transferred on April 15. Poland submitted its first payment request from the National Recovery Plan (KPO) in mid-December 2023, 1.5 years after the EC approved the country’s plan.
In late February, the European Commission (EC), the EU’s executive arm, issued a preliminary positive assessment of Poland’s application for the first payment of EUR 6.3 bn in the EU’s post-Covid-19 funds, which is 10.5% of the whole amount provided for in the National Recovery Plan (KPO).

The country is set to receive EUR 25.3 bn in grants and EUR 34.5 bn in loans from EU coffers under its KPO, which details how the money will be spent.

In line with the EU’s goals, a significant portion of the KPO budget is to be allocated to climate goals (46.6%), digital transformation (21.3%), and social reforms (22.3%).
Source: X, TVP World, PAP
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