Safety and support for the national economy
Since the outbreak of the epidemic, the Polish government has taken swift and decisive measures to ensure safety for the citizens and support for the economy. The positive assessments that these measures have received from national and foreign experts are the reason behind other countries taking an interest in the solutions that have been successful in Poland.
Today’s talks between the Prime Ministers of Poland and Romania included such aspects the know-how and implementation of well-functioning instruments to combat the coronavirus in our country. The Romanian party to the discussions was particularly interested in the operations of the Polish Development Fund.
Anti-Crisis and Financial Shields
The Anti-Crisis and Financial Shields implemented in Poland are helping to save over 3 million jobs. Our support schemes are regarded as one of the best in the world. Our country has applied a fiscal support programme for the economy that is close to the biggest (in relation to GDP) of all EU countries. Such solutions have made it possible to reconcile the fight for human lives with the protection of the national economy.
The crisis-proof economy of Poland
According to the Bloomberg agency, based on EC data, the Polish economy is the most resistant to the crisis brought about by the coronavirus pandemic in the EU. In addition, based on data provided by the IMF, Poland boasts one of the most revitalised economies in Europe. Since 18 May, which marked the reopening of numerous services and restaurants, our circumstances are akin to those in Sweden, but with a much better epidemiological situation and better macro-economic forecasts for our country.
According to an ING report, Poland has put in place the strongest anti-crisis shield in the region. The report states that Poland has introduced the largest QE-based fiscal support programme across the entire region. When it comes to the scale of anti-crisis shields, ours takes third place behind Hungary and Czech Republic.
Protecting jobs and saving Polish businesses are fundamental objectives of the state. No other post-1989 government has faced such a challenge.