Katarzyna Pełczyńska-Nałęcz, Minister of Funds and Regional Policy, asked in the “#BezKitu” program about when the funds from the KPO will reach Poland, replied that it will happen “most likely in early April”. – The normal process of assessing the application is underway, followed by consultations within the European Commission, and there should be money – she added.
In mid-December last year Poland sent the first application for payment from the KPO to the European Commission. National Reconstruction Plan (KPO) is a program from which Poland is to receive EUR 59.82 billion (PLN 261.4 billion), including EUR 25.3 billion (PLN 110.4 billion) in the form of subsidies and EUR 34.5 billion (PLN 151 billion PLN) in the form of preferential loans. Most of these funds will be invested in the form of financial instruments, which will enable the implementation of projects after 2026, even for the next 30 years.
Pełczyńska-Nałęcz: this is a great project of restructuring reforms
She commented on the matter in the “BezKitu” program Katarzyna Pełczyńska-Nałęcz, Minister of Funds and Regional Policy. Talking about spending these funds, she said that “it must be done in such a way that this money will work for the future, for many years, I would even say decades in the future.”
– This is a great project of restructuring reforms. So it’s not just money. This is money for reforms. Without reforms there will be no money. And the reforms are a guarantee of this, if they make sense, of course, and that it will be an investment. However, it is not a strictly commercial investment, where I put one zloty into a product and sell it for three zlotys. This is an investment in human capital, in public services, in education, she continued.
As she added, “of course there are also investments in commercial things – in railways, rolling stock, green energy and wind energy, wind farms. This is all that will make energy prices in Poland cheaper.”
When will the KPO funds be available? Pełczyńska-Nałęcz: at the beginning of April, most likely
The minister was also asked when the funds from the KPO for Poland will be paid. – It will most likely be at the beginning of April. I always say “95 percent” because in the realities of life you never know what will happen along the way. But 95 percent, at the beginning of April, money from the first payment that we applied for in mid-December and the normal process of assessing the application is ongoing, then consultations within the Commission (European – ed.) and there should be money – she replied.
One of the so-called milestones that are necessary for the disbursement of funds from the KPO is the restoration of the rule of law. – When it comes to the rule of law – because it is not about a comprehensive reform, but about specific issues – a plan has been submitted and there is ongoing discussion about it. Yes, of course, the reform of the rule of law requires, at its best, statutory changes. These changes will happen, they will go through the Sejm, they will go through the Senate and they will be put on the president’s table – commented Katarzyna Pełczyńska-Nałęcz.
Pełczyńska-Nałęcz: KPO needs to be renegotiated
The Minister of Funds and Regional Policy was also asked about her assessment of the project of the previous government, which assumed the establishment of a factory for Polish electric cars called Jizera. Government PIS he included this project in the Polish National Reconstruction Plan. – From my perspective, I know that the way the KPO is described today, and it ends in 2026, is to achieve the goal stated there and that is the goal, that the factory is ready, the production line is ready, the car is rolling out, it is not possible – she replied.
– I believe that the KPO needs to be renegotiated. The question is, what do you say? European Commission, because we will definitely not have enough production capacity in time. If we did not renegotiate and at the same time decided (to build a factory – editor), then yes, this money would be lost – she added.
Pełczyńska-Nałęcz about CPK: Will it be worth it? That’s what an audit is for
Deputy Minister of Funds and Regional Policy, government representative for CPK Maciej Lasek reported on January 20 in “One on One” on TVN24 about the commencement of an audit of the investment initiated under the previous government in Central Communication Port.
As she said in Pełczyńska-Nałęcz, “the audit has been started and the audit aims to check, firstly, the economy of funds, and secondly, the real state of this investment, because one thing is propaganda, and the other thing is the real state of the investment.” – And most importantly, the audit is to determine which elements of this investment will pay off in Poland in the long term, and which elements of this investment are unnecessary or expensive – she continued.
When asked whether Poland needed CPK, she replied: – That’s what the audit is for, to answer this question not just offhand, lightly, without deep expertise, but to answer it with full seriousness, because it is a very big issue. project, extremely expensive. What we already know is that these costs are much greater than those mentioned.
– And now the question: Poland certainly needs investment in railways, Poland needs investment in airports – but will it be profitable this way, according to this plan, or according to this project? That’s what an audit is for, she added.
Pełczyńska-Nałęcz: we can afford large projects
As the Minister of Funds and Regional Policy stated, “it is not that Poland cannot afford large projects organizationally, institutionally and ambitiously.” – The KPO itself (…) is a mega-ambitious, large project. So the very fact that it is a large project – CPK – should not discourage anyone – she added.
– We can afford large projects. Only these projects have to be successful. So it’s not the size that’s the problem, it’s the hit of this design that’s the problem. And indeed, it is already known that the dates given for the CPK are unrealistic, she said.
Central Communication Port
The Central Communication Port is a planned transfer hub located between Warsaw and Łódź, which is to integrate air, rail and road transport.
According to CPK’s announcement, the first stage of the airport, i.e. two parallel runways and infrastructure to handle 40 million passengers, is to be launched in 2028. The CPK is to be launched in five years, together with a railway junction and a section of the Warsaw – Łódź High Speed Railway. The rest of CPK’s railway investments are planned until the middle of the next decade.
Main photo source: TVN24