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Bonds instead of money. The government came up with a clever idea

Bonds instead of money.  The government came up with a clever idea

Bonds instead of money. The government came up with a clever idea

Bonds worth as much as PLN 6.1 billion were transferred by the Ministry of Finance to various state institutions on Friday, December 30, 2022. Polish Nuclear Power Plants received the most – PLN 3 billion 984 million. The Government Housing Development Fund received PLN 900 million in debt securities, PLN 479 million to universities, PLN 375 million to the National Health Fund, PLN 200 million to the Medical Research Agency, and PLN 180 million to the Companies Development Fund.

In August 2022, the latter received a negative opinion from the Supreme Audit Office, which showed that the involvement of PLN 300 million in the restructuring of Gryfia Shipyard did not bring financial improvement to the company, which is still loss-making. As you can see, this is not the end of the state shipbuilding investment, because there are new funds to transfer.

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