Proposed amendment to the Recovery and Resilience Plan submitted to Brussels
After the Government approved the proposed amendment to the Recovery and Resilience Plan on Monday, 10 July 2023, the Office of the Republic of Slovenia for Recovery and Resilience submitted the proposed amendment to the plan together with all supporting documents to Brussels today. We expect the final approval of the adjustment proposal of the plan by the Council of the European Union this autumn.
In the proposed amendment to the plan, the Government addresses the decrease in grants available from the Recovery and Resilience Facility, additional European resources to attain the goals of the REPowerEU plan and other objective circumstances, such as inflation. Formal harmonisation of the proposal with the European Commission (EC) will be carried out next, which can have an effect on the final version of the amended plan.
The proposed amendment to the plan was drafted on the basis of the starting points adopted by the Government in March. The proposal was prepared together with the ministries after harmonisation with various stakeholders. In order to harmonise the content for a new REPowerEU chapter, a public consultation with the stakeholders was held. At a special event, the adjustment of the measures with regard to a decrease in available grants were presented to the interested public.
Based on the additionally gathered information and harmonisation, the Government confirmed a final adjustment proposal of the plan that did not interfere with the basic concept of the plan. When drafting the amendment, the Government particularly strove to retain the investments which will closely follow the planned timeline to the greatest extent possible and thus generate revenue for the state budget.
The Government also proposes to the EC the postponement of certain milestones and targets from the initial instalments to a later time in order to prepare and harmonise key reforms with quality, implement investments and accelerate payments of the planned instalments from the Union budget.
Slovenia expects to draw EUR 1.49 billion for the implementation of the planned measures and it will propose that the EC utilise EUR 545 million of loans, which is EUR 160 million less than upon the confirmation of the plan in July 2021.
The content of the proposed amendment to the plan is published at noo.gov.si.