The Next Generation EU plan that Slovakia will submit to the European Commission focuses on five main priorities. The most money, €2.17 billion, should be poured into a green economy.
The plan, sent by the Finance Ministry, will now undergo an interdepartmental objection procedure. The deadline for sending it to the commission is April 30. Slovakia could draw €6 billion, the TASR newswire wrote.
Plan has five main priorities
Aside from creating a green economy, another priority highlighted in the plan is the improvement of the healthcare field with a sum of €1.45 billion.Read more
Effective public administration should see €1.03 billion, education should get €800 million, and science, research and development should receive €700 million. The plan is divided into 18 parts, so-called components, that include reforms and investments of an overall value of €6 billion.
The educational field consists of three components, for example. Availability, development and quality of inclusive education should get €150 million, education for the 21st century has been allocated €450 million and €200 million will be spent on increasing the performance of universities.
Modern healthcare and green economy
Modern and available healthcare should receive €1.1 billion, long-term care should be supported with €250 million and mental health care with other €100 million.Read more
Green economy includes €220 million in renewable sources of energy, €700 million in the renewal of buildings and €750 million in sustainable transport. €350 million should go towards the decarbonisation of the industry and €150 million should go to the adaptation to climate change.
The renewal plan also focuses on ensuring an effective state and digitalisation. This includes a planned allocation of €10 million for the improvement of the business environment, €240 million for justice reform and €200 million for the fight against corruption and protection of inhabitants. Digital Slovakia should see an allocation of €580 million.
The field of science, research and innovation includes two components. One of them is effective management and the strengthening of science, research and development financing, which should receive €600 million. A sum of €100 million will be spent on attracting and keeping talents in Slovakia.
9. Mar 2021 at 11:17 | Compiled by Spectator staff