BG

MORE THAN 40 PROCEDURES WITH EUROPEAN FUNDING FOR MORE THAN 1,3 BILLION BGN WILL BE ANNOUNCED IN 2018

06.11.2017

Next year, within the framework of programs with co-funding from EU funds, more than 40 procedures of calls for project proposals will be announced in the total amount of 1,3 billion BGN. At a session of the Coordination Council for Management of EU Funds with the Council of Ministers, the indicative annual working plans for the programs in 2018 were adopted.

 

The negotiated funds within the operative programs and the Maritime and Fisheries Program as of the end of October this year amount to a little over 8 billion BGN or approximately 46% of the total budget. The funds that reached the beneficiaries amount to respectively a bit over 14% of the budgets of the programs or close to 2,5 billion BGN. Within the framework of the Program for Development of Rural Regions, contracts were established in the amount of over 1,7 billion BGN or around 30,4% of the funds for agricultural projects until the end of the programming period. Until the present moment, 800 billion BGN have been paid out to the beneficiaries.

 

Bulgaria has completed the reporting on the physical and financial implementation of the programs from the first programming period for the country 2007-2014 and more than 95% implementation of the financial framework has been identified, said Deputy Prime Minister Tomislav Dontchev, who chairs the Coordination Council for Management of EU Funds. According to him, immediately after the end of the Presidency in the middle of 2018, the preparation for the next programming period will start, whereby even now the capacity for sector-relevant policy-making should be strengthened, adhering to the main principle of complementarity of investments, meaning that funds should complete and not substitute national investments.

 

Indicative annual working programs are published on the Information System for Management and Monitoring of EU funds WWW.2020.EUFUNDS.BG where in real time the progress in the financial and physical implementation of all instruments co-financed by EU funds can be followed.