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No delay in the expected money under the Recovery and Resilience Plan: Finance Ministry

published on 7/12/22 11:25 AM

Photo: BGNES

More than 1.3 billion euros, which Bulgaria should receive this year under the Recovery and Resilience Plan, is expected to enter the national treasury in the autumn, the Ministry of Finance announced.

There is no delay in the funding under this mechanism. The country has set itself the goal of collecting all the necessary documents in preparation for the request for the first payment by the end of July. According to the regulation, the European Commission has 2 months to evaluate the submitted documents before making a payment, the ministry specifies.

The preparation of the second request for payment worth more than 724 million euro has not slowed down for now, either. But it is related to the adoption of 22 legislative measures, which must be done by the end of 2022.

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Radio Bulgaria News European Commission funding Recovery and Resilience Plan