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New development cooperation financial instrument at BGK

The act establishes a special fund at the Polish Development Bank to finance development aid for developing countries. The money will come from the state budget and international sources. Over 1.4 billion PLN will be allocated for this purpose between 2025 and 2034.
Key points
Creation of the Financial Instrument for Development Cooperation (FIWR) – a special fund at BGK for providing loans, guarantees and grants to developing countries.
FIWR resources come from the state budget, European Union, international banks and repayments from previous loans.
Planned budget expenditures: 263.3 million PLN in 2025, declining to 43.9 million PLN in 2034, totaling approx. 1.46 billion PLN.
Control mechanism: if expenditures exceed 70% of the annual limit after two quarters, the finance minister may restrict further funding.
BGK will be able to cooperate with foreign banks and financial institutions in assessing risks of development investments.
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96%
VOTING RESULTS
2025-03-20
For 411
Against 0
Abstain 17
Full voting results open_in_new
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Status:
Became Law
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Additional Information
Rządowy projekt ustawy o zmianie ustawy o współpracy rozwojowej oraz niektórych innych ustaw.
Print number: PROJEKT USTAWY 1034
Process start date: 2025-02-20
Voting date: 2025-03-20
Voting no: 11