Wednesday 14 Jul 2021 @ 10:38
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Recovery and Resilience Facility: Malta submits official recovery and resilience plan

The Commission yesterday received an official recovery and resilience plan from Malta. This plan sets out the reforms and public investment projects that Malta plans to implement with the support of the Recovery and Resilience Facility (RRF).

The RRF is at the heart of NextGenerationEU which will provide €800 billion (in current prices) to support investments and reforms across the EU. It will play a crucial role in helping Europe to emerge stronger from the crisis and secure the green and digital transitions.

The presentation of the plan follows intensive dialogue between the Commission and the Maltese authorities over the past number of months.

Malta's recovery and resilience plan

Malta has requested a total of €316.4 million in grants under the RRF.

The Maltese plan covers six areas, including sustainable transport, circular economy, clean energy and energy-efficiency in buildings, digital transformation of the public administration and the legal system, projects targeting the health and education sectors, as well as institutional reforms. Projects in the plan cover the entire lifetime of the RRF until 2026. The plan proposes projects in five of the seven European flagship areas.

Click here for the full press release

 

Original article link: https://ec.europa.eu/commission/presscorner/detail/en/IP_21_3407

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