Disbursements under KPO from PFR fund reach PLN 24.57 bln by Aug 7
The total number of disbursements made under the national recovery plan KPO from the state development fund PFR up to August 7 amounted to PLN 24.57 billion (EUR 5.7 bln), the PFR's website stated.
At the end of May, this amount was PLN 20.1 billion (EUR 4.7 bln).
PFR was entrusted with a technical role, consisting, among other things, in making payments under the grant part of the national recovery plan KPO.
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.
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