AcasăEurope NewsGov't updates distribution of recovery, resilience funds to reforming, investing bodies

Gov’t updates distribution of recovery, resilience funds to reforming, investing bodies

Published on

The Romanian government approved on Thursday an update to the way in which the money from the National Recovery and Resilience Plan (PNRR) is distributed to the public bodies that deal with reforms and investment as a result of the reorganisation of several ministries.

According to the government, this is the measure by which the Ministry of Labour and Social Solidarity merged with the Ministry of Family, Youth and Equal Opportunities, creating the Ministry of Labour, Family, Youth and Social Solidarity, and the Ministry of Research, Innovation and Digital Transformation was divided into two entities: the National Authority for Research and the Ministry of Economy, Digital Transformation, Entrepreneurship and Tourism. At the same time, by the same measure, the National Research Authority took over as coordinator for reforms and investment in the field of research under the National Recovery and Resilience Plan (PNRR).

„Thus, the related legislative annexes are amended to reflect the new coordinators and to reallocate funds between the PNRR components, without changing the total allocated budget (approximately EUR 28.5 billion). The update is necessary for the conclusion and adjustment of the financing agreements with the new bodies, thus ensuring the predictability and continuity of the implementation of the PNRR projects amidst deadlines and administrative changes.”

AGERPRES

Latest articles

Minister Bolos does not believe Romania can raise 30 billion RON without tax increases

The Minister of Investments and European Projects, Marcel Bolos, declared himself pessimistic that Romania...

USR’s Fritz says in one week it will be known whether the parties can agree on governing

Acting national leader of the Save Romania Union (USR) Dominic Fritz says that within...

Negrescu:Keyboard, today, seems to be slowly becoming a weapon, whoever does not defend himself may lose

Digital transformation must be a national project, given that nine out of ten people...

Minister Bolos: Three milestones suspended under Recovery and Resilience Plan; deadline Nov 28

Romania currently has three suspended payments under the National Recovery and Resilience Plan (PNRR),...

More like this

Minister Bolos does not believe Romania can raise 30 billion RON without tax increases

The Minister of Investments and European Projects, Marcel Bolos, declared himself pessimistic that Romania...

USR’s Fritz says in one week it will be known whether the parties can agree on governing

Acting national leader of the Save Romania Union (USR) Dominic Fritz says that within...

Negrescu:Keyboard, today, seems to be slowly becoming a weapon, whoever does not defend himself may lose

Digital transformation must be a national project, given that nine out of ten people...