WARSAW, Poland — The Polish government approved a 47 billion (euro) massive relief plan aimed at shielding the country’s economy from falling due to the coronavirus pandemic on Wednesday.
In a message on Facebook, Morawiecki said Poland was approaching “a time of economic trial, perhaps the most serious that we have faced for decades.”
He added: “This storm cannot be avoided completely.”
Under the plan passed by the Cabinet, the government will issue out up to 40 percent of the average monthly salary to employees working for companies in financial trouble.
Meanwhile, the self-employed and small businesses employing up to nine people will have their social security (ZUS) contributions paid for by the government for three months.
According to Morawiecki, the programme would deliver a massive injection of funds from state coffers in order to protect jobs, help the country’s entrepreneurs and maintain the liquidity of businesses hit by the coronavirus.