Commission disburses the fourth payment of €162.5 million to Croatia under the Recovery and Resilience Facility
Today, the Commission disbursed to Croatia the fourth payment for €162.5 million in grants (excluding pre-financing) under the Recovery and Resilience Facility (RRF).
As for all Member States, payments made to Croatia under the RRF are performance-based, meaning that they depend on the implementation by Croatia of the investments and reforms described in its Recovery and Resilience Plan.
On 21 December 2023, Croatia submitted to the Commission its fourth payment request of €162.5 million under the RRF, covering 9 milestones and 7 targets. These cover reforms in the areas of public administration, the judiciary, public procurement, early childhood education and care, as well as investments in the decarbonisation of the energy sector, electronic communications, research and innovation, and health.
On 29 February 2024, the Commission adopted a positive preliminary assessment of Croatia’s request for payment. The favorable opinion of the Economic and Financial Committee of the Council (EFC) on the payment request paved the way for the Commission to adopt a final decision on the disbursement of the funds.
The overall recovery and resilience plan of Croatia will be financed by €5.8 billion in grants and €4.2 billion in loans. The amounts of payments made to Member States are published in the Recovery and Resilience Scoreboard, which shows the progress made in the implementation of the RRF as a whole and of the individual recovery and resilience plans.