Disbursements under KPO from PFR fund reach PLN 11.566 bln by Oct 3
The total number of disbursements made under the national recovery plan KPO from the state development fund PFR up to October 3 amounted to PLN 11.566 billion (EUR 2.7 bln), the press office told PAP Biznes in response to questions.
In April, Poland received almost PLN 27 billion (EUR 6.3 bln) from the first application for payment from the KPO.
A further two payment applications from the national recovery plan KPO totalling PLN 40 billion (EUR 9.3 bln) have been signed.
In total, Poland is to receive EUR 59.8 billion from the reconstruction fund, of which EUR 34.5 billion will be loans and EUR 25.3 billion grants.
In line with EU targets, a significant part of the KPO budget is allocated to climate objectives (44.96 percent) and digital transformation (21.28 percent).
In principle, implementation of the plan is expected to last until the end of 2026, although the contracted loan funds will also be able to be spent after this date.
tus/ nl/