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Consent to amendments to the General conditions governing the activities of the Slovenian Regional Development Fund

At a regular meeting of the Committee on the Economy, the Government of the Republic of Slovenia approved amendments to the General conditions governing the activities of the Slovenian Regional Development Fund.

The Slovenian Regional Development Fund adopted the General conditions to govern its activities, particularly in the field of implementing its financial incentives. The General conditions are adopted by the Supervisory Board of the Fund and enter into force with the consent of the Government of the Republic of Slovenia.

The amendment of the existing General conditions will allow applicants financing public/local infrastructure projects a longer repayment period of up to 300 months, which will support municipalities in implementing their projects. The amended General conditions, with new terminology and content, will serve as the basis for the content of calls for proposals and the issuance of decisions, relevant for the implementation of financial development incentives at the Fund by the end of this year. The amended General conditions will also update the existing financial incentive instruments, their purpose, design and funding award procedures.