Poland sees calls launched for 51 investments using 94.4 pct of EU funds under KPO - MinFin
Under Poland's national recovery plan KPO, calls for 51 investments for 94.4 percent of the EU funds allocation have been launched, Poland's Ministry of Finance stated in its report on the implementation of the medium-term budgetary and structural plan.
Poland's Ministry of Finance stated that so far, the European Commission has provided Poland with refunds from the first, second and third applications within the national recovery plan KPO and the REPowerEU advance payment in the total amount of approximately PLN 88.8 billion (EUR 20.8 bln).
The REPowerEU advance payment amounted to approximately PLN 21.8 billion (EUR 5.1 bln), funds from the first application reached around PLN 27 billion (EUR 6.3 bln) and the payments from the second and third applications were at approximately PLN 40 billion (EUR 9.36 bln).
As of January 20, 2025, calls for applications were launched for 51 investments using 94.4 percent of Poland's national recovery plan allocation, including 39 investments for 93.9 percent of the allocation in the grant part and 12 investments for 94.8 percent of the allocation in the loan part.
Under KPO, more than 637,700 agreements have been concluded to cover undertakings with support to the tune of PLN 44,749.5 million (EUR 10.5 bln), which accounts for 17 percent of the total allocation (including 37.7 percent of the grant part and 1.7 percent of the loan part).
"Currently, Poland is awaiting the EC's decision on the correctness of the implementation of the indicators from the fourth and fifth payment applications," the finance ministry reported.
According to the statement, four further applications are planned to be submitted between 2025 and 2026: the sixth and seventh in 2025, and the eighth and ninth in 2026.
"Intensive work is currently underway on the implementation of milestones and indicators from the sixth and seventh payment applications," the finance ministry said.
"The second revision of [Poland's national recovery plan] KPO was conducted in 2024, and two more revisions are planned in 2025, with the aim of facilitating the implementation of reforms and investments and improving the financial liquidity of KPO performance," it added.
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