Anti-crisis shield, New Chance Policy, Tourist Voucher, Tourist Shield, Housing Package, amendment of the Building Law, including digitization of the construction process, or Low Social Insurance Institution Contributions Plus - these are some of the acts implemented by the Ministry of Economic Development during this term. The following projects are under preparation: relief for automatization or family foundation. During the previous term of office – after less than two years of the MET’s operation – the Business Constitution entered into force, as well as: SME Package, Friendly Law Package, Anti-Deferred Payment Act, Succession Management Act, Low Social Insurance Institution Contributions, Polish Investment Zone. A new Public Procurement Law was also passed and will enter into force in January.

MED_Balance Sheet

To me, the greatest representation of the past 5 years is a country that actively cooperates with business to develop the Polish economy. As well as public policy in favour of innovativeness; effective attracting foreign direct investments to Poland, or green conservatism, i.e. actions to reduce smog through, among others, dynamic development of photovoltaics – says Deputy Prime Minister, Minister of Economic Development Jadwiga Emilewicz.

She indicates: – Actions carried out by the MED  in the current term were dominated by the COVID-19 pandemic. Today we can already state that we have gone through the first phase of the pandemic relatively unharmed. For that, I wish to thank the Polish entrepreneurs, among others. Our reaction to COVID-19 included the anti-crisis shield, the New Chance Policy, a tourist voucher or a tourist shield. The data that come from the Polish economy indicate that our actions are bringing the expected results so far. Today, the Polish economy is at the forefront of the EU with regards to mild recession, and unemployment remains at a manageable level. In addition, the development impulse provided by the National Recovery and Resilience Plan is providing us with moderate optimism about the prospects for our economy.

Tourism was the first economic area to be regulated by anti-covid acts from the very outset. Due to the anti-crisis shield, as well as the tourism shield, we saved the Polish tourism industry from a wave of bankruptcies caused by the pandemic. The tourist voucher also contributed to the support of our tourism, as well as Polish families. One million vouchers activated at the end of September meant a result twice the size of the industry's expectations – Deputy Minister of Economic Development Andrzej Gut-Mostowy.

And Deputy Minister Marek Niedużak stresses: – The relief for robotisation, modelled on the relief for R&D is a project which we managed to prepare during this term due to the good cooperation with the MF. Another project which will be soon finalised is the Family Foundation Act, i.e. a way to accumulate capital in our country. We worked on the together with Jadwiga Emilewicz, in close cooperation with the family business community.

Construction, housing and land use have a common denominator – humans. That is why the main idea behind the ministerial projects included family, security, freedom and a better quality of life for our citizens.

We therefore offer a varied housing program for people with different needs and financial status. One of its key components involves the implementation of a new legal form: The Social Housing Initiative. This new legal form will increase the availability of flats for rent for people with moderate incomes – emphasises Deputy Minister Robert Nowicki.  

The Deputy Minister of Economic Development Krzysztof Mazur adds:  We need to work as a team in the economy. And this is how we were working in the Ministry of Economic Development. We played together with the business community in the face of challenges and problems during this particular year. We have inspired companies to also place their bets on team play between themselves, to combine their potentials and to act together on a wider scale. We have already acted not only as a regulator, but also as an accelerator – an office which invites companies that operate in the perspective of individual profit only, to do something even better for the benefit of everyone. We also tried to play in the same manner on the international arena. 

For over six months, the Polish and global economy has been struggling with the biggest crisis in decades. During this time, together with Deputy Prime Minister Jadwiga Emilewicz, I participated in the meetings of the government's crisis personnel as well as in regular consultations with representatives of over 40 industries. The final effect of these meetings were the subsequent versions of the anti-crisis shield, including a number of legal regulations which contributed to maintaining the financial liquidity of numerous companies and protecting about 6 million jobs, and - prepared together with the Chief Sanitary Inspector - guidelines which made it easier for entrepreneurs from various sectors of the Polish economy during its defrosting and for all Poles to return to safe functioning - adds Deputy Minister of Economic Development Olga Semeniuk.

Projects in numbers:

• PLN 140.12 billion – value of aid granted thanks to the anti-crisis shield, including the financial shield
• 2.55 million active companies in CEIDG
• PLN 26.9 billion - value of investments declared in the Polish Investment Zone
• 11 592 - new jobs in the Polish Investment Area
• 1 million active travel vouchers
• 285,070 beneficiaries of Low Social Insurance Contributions Plus
• 18,000 appointed Succession Managers
• 2,437 companies that benefited from the R&D relief
• 1 734 145 kW - power of micro photovoltaic installations

State of the Polish Economy

GDP decreased by 8.2% y/y in Q2, although - due to the difficult April - we expected a decline at around 10%. Compared to the EU average (-13.9%), Poland with a result of -7.9% (according to the EU methodology) is the 6th economy with the smallest decline in the second quarter of this year in the entire EU, giving way only to Ireland, Lithuania, Finland, Estonia and Sweden. According to the analysts of the Ministry of Economic Development, the GDP decline during the year may reach approximately 4%, and it is expected to grow by about 4% next year. Analysts of the Ministry of Economic Development estimate that the Polish economy will resume back to the level before the pandemic by the end of 2021.