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Tomislav Donchev: The recovery and sustainability plan is increasingly in question

In four years we have paid less than 6%, and now in less than two years we will have to repay 94%

Sep 18, 2024 20:10 68

Tomislav Donchev: The recovery and sustainability plan is increasingly in question  - 1

Regarding the National Recovery and Resilience Plan, I want to point out that this plan is increasingly being called into question. The deputy head of GERB, Tomislav Donchev, warned about this on his Facebook profile.

"We have a problem with payments from the European Commission to the country - here we are commenting on the second payment, and a number of countries are already at the fourth and fifth payment stage;

However, the huge problem is that the payments are not happening in the country. To date, that is in the fourth year, 920 million BGN or only 5.9% of the total amount available - 15 billion BGN (together with the co-financing from our side) were paid from the eligibility of expenses. To make it clear what this means, I will remind you that the deadline for payments under the plan expires in less than two years.

I.e. in four years we have paid less than 6%, and now in less than two years we will have to pay off 94%.

So far, we have managed to invest in the country only 1/3 of the funds under the first payment...

The situation with the Operational programs and other financial instruments is not any better.

This is a failure and only urgent measures can reduce the damage!", he also wrote.