Mateusz Morawiecki urges new investments to tackle crisis

Small, medium and large-scale investments would provide a way to emerge from the economic crisis caused by the coronavirus pandemic, Polish PM Mateusz Morawiecki said in Mragowo on Saturday, adding that he would like to see local investments giving a boost to the economy.

POLITICS JULY 4. 2020 15:55

After holding talks with local government officials at Mragowo, the prime minister stressed that although crisis situations tend to drive down the number of investments, he believes that Poland fared much better than the Western European countries in terms of crisis management. As an example, he mentioned Portugal, a country of 10 million people, where the number of unemployed rose by nearly 200 thousand, while it only increased by around 92 thousand in Poland, a country of 38 million.

He said the government would set up a separate fund with a view to protecting businesses and jobs, adding that local investments and municipalities would also be receiving financial assistance.

He said the monetary assests of the Local Investment Fund could be used to support infrastructural, school and hospital developments, as well as private projects.

„I d like to avhieve that these local investments be able to give a boost to both the economy and the local municipalities,” the prime minister said.

POLITICS

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economy, local economy, mateusz morawiecki, poland, support