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

Briefing 11-10-2023

Malta's National Recovery and Resilience Plan (NRRP) had an initial value of €344.9 million, while its amended plan is worth €336.3 million. Under the EU's Recovery and Resilience Facility (RRF), at the core of the Next Generation EU (NGEU) instrument, Malta's RRF grant allocation decreased from €316.4 million to €258.3 million. In April 2023, Malta submitted a request to amend its NRRP, to which it added a new REPowerEU chapter with an additional grant allocation of €30 million. It also requested to transfer a portion of its share of the Brexit Adjustment Reserve to its plan (€40 million). With these funds, and cutting some measures, the overall EU financial contribution to the amended plan amounts to €328.2 million in grants, with the rest to be covered by national means. Malta has not requested loans. While in nominal terms, Malta has the second smallest allocation, it ranks higher in terms of RRF grants per capita. The value of Malta's grants under the RRF equals about 2.3 % of its 2019 gross domestic product (GDP), less than the average for the EU overall (in comparison, the RRF equals 5.2 % of EU-27 GDP in 2019). In December 2021, Malta received €41.1 million in pre-financing. A year later, on 19 December 2022, it submitted to the Commission the first payment request for a total of €52.3 million in grants. Following approval, funds were disbursed to Malta on 8 March 2023. The plan takes into account the Council's 2019 and 2020 country-specific recommendations, and aligns with both national economic and investment plans and funding under EU cohesion policy programmes for the 2021-2027 period. The plan's overall objective is to contribute to sustainable, equitable, green and digital recovery, embracing major common EU challenges. The amended plan has a stronger focus on the green transition, devoting 68.8 % of the funds to it (up from 53.8 % in the original plan), making Malta's NRRP one of the greenest; 26.2 % of the amended plan (excluding the REPowerEU chapter), or 20.7 % (including the chapter), will contribute to the digital target. The European Parliament participates in interinstitutional forums for cooperation and discussion on the implementation of the RRF, and scrutinises the European Commission's work. This briefing is one in a series covering all EU Member States. Fourth edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.