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MRRD receives 100 mln. BGN, in order not to stop the payment of the municipal projects

Some of the received requests for payments cannot be approved immediately

Nov 27, 2024 17:18 42

MRRD receives 100 mln. BGN, in order not to stop the payment of the municipal projects  - 1

The Ministry of Regional Development and Public Works receives BGN 100 million. BGN on its 2024 budget. The additional transfer was approved by the Council of Ministers at the regular government meeting held today. The funds are necessary in order not to stop the payment for the implementation of objects under the Investment Program for municipal projects under Appendix No. 3 of the Law on the State Budget for 2024. The resource will provide the necessary funds to ensure the work on the objects already submitted to the Ministry of Planning and Development, which contribute to the improvement of the infrastructure and the improvement environment in the settlements. The funds are provided by restructuring the costs of the central budget for this year.

The financial resource of 400 million left by the last regular government. BGN in the 2024 budget of the MRRD is running out. To date, 370 million have already been spent. BGN for advance and interim payments on municipal projects.

With the latest amendments to the Law on the State Budget, the total value of the projects that will be financed by the end of 2026 through the program is nearly 7 billion. BGN 1738 contracts for over 3 billion have already been concluded. leva. The experts at MRRD are reviewing applications submitted by municipalities for signing nearly 660 more agreements. They are concluded regularly after it is verified that they meet the conditions for the implementation of the program. Although the municipal administrations have accumulated the capacity to work on it, gaps are still allowed. This delays the signing of agreements, which also affects the implementation process.

Part of the received requests for payments cannot be approved immediately, given that the documents presented by the municipalities do not meet all the conditions of the agreements. Payment is made as soon as the identified discrepancies in the documents are corrected. Depending on the fulfillment of requests for payments and those received, the Ministry of Finance has assured that it is ready to provide more funds by the end of the year.