Lithuania's National Recovery and Resilience Plan: Latest state of play

Briefing 01-03-2022

Lithuania's National Recovery and Resilience Plan (NRRP) sets out the package of reforms and investment measures designed by the country in the context of the EU response to the crisis triggered by the coronavirus pandemic. In absolute figures, Lithuania has decided to use its full grant allocation of €2 224 million under the Recovery and Resilience Facility (RRF), while declining to avail of the loan component. These resources represent 0.3 % of the entire RRF, equal to 4.6 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). In addition, Lithuania is naturally pursuing national reforms and investments that aim to further promote the dynamism of its economy, while addressing a number of structural weaknesses. It is also pursuing major objectives such as convergence towards higher standards of living, the green transition and the digital transformation. Measures under the NRRP are to be completed by 2026. Following the Council's approval of the plan, Lithuania received €289 million pre-financing in August 2021. The next payments, in nine six-monthly instalments, will depend on progress in implementing the plan. The European Parliament, which was a major advocate for the creation of a common EU recovery instrument, participates in interinstitutional forums for cooperation and discussion on its implementation and scrutinises the work of the European Commission. First edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.