Bulgaria expects to receive a significant portion of RRP funding

''We expect to receive a significant portion of the funding under the Recovery and Resilience Plan (RRP)'', Deputy Prime Minister Atanas Pekanov said during a hearing before the parliamentary Committee on European Affairs and Oversight of the European Funds. According to him, the losses will be very limited.

Atanas Pekanov said that the request for the fifth payment under the RRP must be submitted by September 30. The payment is worth a total of EUR 1.8 billion and covers 49 investments and 10 reforms. According to him, ''huge progress'' has been made in recent months, with the targets related to the fifth payment largely completed.

He noted that it was not possible to say in advance how much would actually be paid, as this depends on the European Commission’s assessment, BTA reported.

Edited by Miglena Ivanova

Translated by Kostadin Atanasov