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PLN is trying everything to stay out of the financial crisis. It is caught between ambitious government projects, electricity purchase arrangements, and the impact of the pandemic. This report on the dilemma of the electricity and coal businesses was done with the support of the Judith Neilson Institute.
The banking sector is on alert after the emergence of increased credit risk in the corporate segment. In order to mitigate the decline in credit quality, banks are scrambling to form adequate reserves. Additionally, efforts to provide credit relief or restructuring to corporations affected by the pandemic will continue.
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