71 percent of allocated funds from European Union funds paid out ICT Business | TechBuzz

- Advertisement -

71 percent of the allocated funds from the European Union were paid out

Photo: DepositPhotos
At the 124th session of the Government of the Republic of Croatia, the Report on the state of utilization of ESI funds in the Republic of Croatia was presented, which was then adopted.

A total of EUR 10.73 billion (HRK 81.56 billion) is available from the European Structural and Investment Funds (ESIF) for the period 2014-2020.

- Advertisement -

By June 2, 2022, projects worth 13.48 billion euros (102.46 billion kuna) were contracted, or 125.63% of the allocated funds.

A total of EUR 7.70 billion (HRK 58.52 billion) was disbursed, ie 71.75% of allocated funds, and EUR 6.25 billion (HRK 47.50 billion) was disbursed, ie 58.24% of allocated funds.

If we look at the original allocation of ESI funds 2014-2020 in the amount of 10.73 billion euros to which we add 763.17 million euros from REACT EU and 597.56 million euros added to the Rural Development Program, the total allocation until 2023 is 12.09 billion euros.

- Advertisement -

In the period from 2013 to 2 June 2022, the difference between the funds paid from the European Union budget to the budget of the Republic of Croatia and the funds paid from the Croatian budget to the European Union budget amounted to HRK 49.51 billion in favor of the Croatian budget. Including the advance paid for the National Recovery and Resilience Plan, Croatia is up HRK 55.64 billion.

Source link

READ  Why Are IEMs So Expensive? Should You Buy Cheap IEMs Instead? | TechBuzz
- Advertisement -
I am admin of techbuzz.asia blog & I provide tech-related news. As a part of my hobby, I make content related to technology and gadgets reviews too. I love to be a content creator apart from it, I am a full-time employee in an MNC company and manage blogs systematically. You can mail me at [email protected]

More from author

Related posts


Latest posts

Kingsman 3: start of filming in 2023? | TechBuzz

Director Matthew Vaughn's third Kingsman movie is set to conclude the story arc of character Gary "Eggsy" Unwin, aka Galahad, played by Taron Egerton....

Revolution from Revuto: Lifetime subscriptions to Netflix and Spotify available to users for the first time | TechBuzz

By using advanced technology, Revuto by selling NFT enables users to have a lifetime subscription to their favorite streaming services with a stable price...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!