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Home»Finance»Poland to ramp up child benefit payments from 2024
Finance

Poland to ramp up child benefit payments from 2024

May 15, 2023No Comments2 Mins Read
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WARSAW, Could 14 (Reuters) – The Polish authorities will enhance month-to-month little one profit funds to 800 zlotys ($193.13) per little one from 500 zlotys from the beginning of 2024, the chief of the ruling Regulation and Justice Celebration, Jaroslaw Kaczynski, mentioned on Sunday.

The household help program referred to as “Household 500 plus” is a flagship challenge of the Regulation and Justice get together (PiS), which was launched in 2016.

“… from the brand new 12 months, 500 plus will probably be 800 plus,” Kaczynski informed a conference earlier than parliamentary elections due this autumn.

Amongst different measures designed to ease the price of residing, Kaczynski mentioned drugs could be out there without spending a dime to individuals over 65 and underneath 18, and the federal government would abolish tolls on state-owned nationwide highways.

Youngster profit funds presently value the state funds over 40 billion zlotys a 12 months. The PiS chief didn’t say how a lot the profit enhance would value, however expressed confidence it could not gasoline inflation.

“We hope that inflation will probably be low within the new 12 months, so this new monetary injection will now not threaten a return to inflationary tendencies – we now have taken this under consideration,” Kaczyński mentioned.

Inflation eased to 14.7% in April from 16.1% in March and Poland’s central financial institution expects it to be in single digits by the tip of the 12 months.

Prime Minister Mateusz Morawiecki wrote on Twitter that the federal government will cope with the proposals introduced on the election conference on the subsequent assembly.

The following election conference of the Regulation and Justice get together is to be held in June.

($1 = 4.1422 zlotys)

Reported by Pawel Florkiewicz and Karol Badohal
Enhancing by David Goodman

: .

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