15.04.2022

THE UPDATED NATIONAL RECOVERY AND RESILIENCE PLAN HAS BEEN APPROVED

The Recovery and Resilience Plan has a total value of about BGN 13.52 billion, of which about BGN 12.26 billion is funding from grants under the EU's Recovery and Resilience Mechanism. Against this are 57 investments and 47 reforms in 12 areas. The plan lays the foundations for a green and digital transformation of the economy, strengthening measures on the green transition, which already accounts for more than 53% of total projected expenditure, and digitalisation, where more than 23% of funding will go. The most significant improvements of the Plan as a result of the comments of the EC and in view of its compliance with the requirements of Regulation (EU) 2021/241 were made in the components "Low Carbon Economy" and "Transport Connectivity". The changes were presented at public hearings in February 2022, before the National Assembly in March 2022 and published on the website of nextgeneration.bg also in March 2022 - The current version of the Plan can be found here: https://www.nextgeneration.bg/14