Morawiecki, Poland’s prime minister, said that the country’s economy might see a shrink of less than 3.5 this year. He declared this subsequent to a state session for fixing this year’s budget law to reduce up to 4.6% of Gross Domestic Product (GDP). He added that the economic contraction is less than predicted, owing to the government aid plan among businesses.
The coronavirus pandemic disrupted the steady budget in this fiscal year. Yet, the prime minister promised to pursue supporting families who have children. He also said that the retired people will receive financial aid as well.
The European country has faced more than 88,600 Covid-19 cases and recorded a death toll of 2,447; however, it is said that the figures are not accurate.