PRESS RELEASE
The Romanian Government sent today to the European Commission the third payment request under the National Recovery and Resilience Plan (PNRR), which means a net funding of about 2.7 billion euro for Romania, more than 1.85 billion euro of this sum in the form of grants and 811 million euro in the form of loans.
The third payment request under NRRP covers a total number of 74 targets/ milestones related to the third quarter of 2022 and the fourth quarter of 2022.
- In the 2024 budget, approved last night by the Government, we secured funding to further continue our social programs and provided a historic budget for investments. Of the over 120 billion lei earmarked for investments, over 81 billion lei represent projects financed from external funds and NRRP. This fact showcases our commitment to striving to obtain European money, either from operational programs, NRRP and any other funding source, stated Prime Minister Marcel Ciolacu.
The amounts related to payment request 3 will be added to the 9.1 billion euro received so far by Romania through PNRR, representing the 13% pre-financing of 3.79 billion euro, payment request 1 worth 2.56 billion euro and payment request 2 of 2.75 billion euro.
The PNRR allocation as amended by the Council Implementing Decision of 11 December 2023 is 28.5 billion euro (14.9 billion euro in loans, 13.6 billion euro in grants) and covers 66 reforms and 111 investments (177 measures), structured around 16 components.
The revised plan contains 518 targets and milestones.
Source: Gov