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The Warsaw Voice » Business » September 24, 2018
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FDS to receive money from state firms
September 24, 2018   
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State co-owned companies will be able to make voluntary contributions to the yet-to-be-set-up local road fund FDS, a draft bill on FDS shows.
The draft bill "enables making voluntary payments to FDS, for example by companies in which the Treasury holds shares or stocks," the draft bill reads.
Poland will also fuel the fund with up to PLN 2 billion worth of Treasury bonds, the document shows.
Polish cabinet approved the draft bill establishing FDS last week. The fund will operate for 10 years and will provide up to 80% of a given investment's cost.
Poland could spend PLN 6 billion on local roads in 2019 thanks to the fund, government officials told a news conference last week.
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