Skip to main content
Representation in Malta
News article19 December 2022Representation in Malta1 min read

NextGenerationEU: Commission receives first payment request from Malta for €60.1 million in grants under the Recovery and Resilience Facility

Next Gen EU logo

NextGenerationEU: Commission receives first payment request from Malta for €60.1 million in grants under the Recovery and Resilience Facility

Malta’s first payment request relates to 19 milestones and targets covering, among others, reforms and investments in the areas of construction and building renovation, the environment, waste management, mobility and urban planning, research and development, education, the rule of law, anti-corruption measures, taxation, remote work and digitalisation.

Malta’s overall recovery and resilience plan will be financed by €258.3 million in grants. Payments under the RRF are performance-based and contingent on Malta implementing the investments and reforms outlined in its recovery and resilience plan.

The Commission will now assess the request and will then send its preliminary assessment of Malta’s fulfilment of the milestones and targets required for this payment to the Council’s Economic and Financial Committee (EFC).

More information on the process of the payment requests under the RRF is available in this Q&A. More information on Malta’s recovery and resilience plan is available here.

Details

Publication date
19 December 2022
Author
Representation in Malta