President Karol Nawrocki vetoed the government bill implementing the EU SAFE reinforcement mechanism. So can he count on support for his idea of replacing SAFE? “There is a strange law that creates a new bureaucracy and is a kind of usurpation of power by the president,” comments the government spokesman.
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“SAFE 0 percent”. What about the presidential project?
The government will not deal with the presidential proposal of the Act on the Polish Defense Investment Fund, implementing the concept of “Polish SAFE 0 percent.” – said government spokesman Adam Szłapka on Saturday. As he said, the bill is about nothing.
Earlier, President Karol Nawrocki announced on Thursday that he would not sign the act implementing the EU SAFE reinforcement mechanism. He assessed that it affects “our sovereignty, independence, economic and military security.” On Friday, information about the veto of the bill, along with the justification, appeared on the KPRP website.
See also: SAFE from A to Z. Here is a set of the most important questions and answers
Earlier, the president presented his own idea together with the president of the National Bank of Poland, Adam Glapiński an alternative to the program, i.e. “Polski SAFE 0 percent”. A draft act on the Polish Defense Investment Fund has been submitted to the Sejm. It assumes the creation of a fund whose primary source of financing will be funds from the profit of the National Bank of Poland.
The government spokesman said on Saturday that the draft law on the Polish Defense Investment Fund is “presidential program zero zlotys“.
“There is a strange law that creates a new bureaucracy and is a kind of usurpation of power by the president. There is no money proposed in this bill — exactly zero zlotys. Presidential program zero zlotys. And there is, or was there some vague announcement by Adam Glapiński that there would be some profit. In a letter to the Prime Minister, President Glapiński wrote that the accumulated loss of NBP in recent years amounts to PLN 100 billion. This means that he is not planning any profit for next year,” said Adam Szłapka.
What about the NBP's profit? This is regulated by law
He declared that if such a profit appeared, the government would be interested in using it.
See also: SAFE and the president's veto. We asked leading businessmen. “I'm terrified”
He emphasized that there are appropriate regulations for this. There is an Act on the National Bank of Poland that precisely describes what happens if the NBP makes a profit. 5 percent remains in the National Bank of Poland as a reserve, and 95 percent is transferred to the budget.
After the president's announcement to veto the SAFE Act, the government adopted a resolution authorizing the ministers of defense and finance to sign a loan agreement with SAFE. In accordance with the resolution on the Polska Zbrojna program, the loan from SAFE will be taken out by BGK for the benefit of the Armed Forces Support Fund.
