BAKU, Azerbaijan, August 12. In the first seven months of 2025, Lithuania has shelled out 713 million euros from EU structural funds and the New Generation Lithuania (NKL) plan for a variety of public and private sector projects, keeping the wheels turning and the ball rolling, Trend reports, citing the Ministry of Finance of Lithuania.
European Union capital influxes into Lithuania are facilitated
via dual conduits—the 2021–2027 Investment Programme (IP) and the
NKL strategic framework. As of early August, a total of 373 million
euros had been allocated under the Investment Program (IP), while
an additional 340 million euros had been earmarked for the NKL
initiative.
Between January and August 1, a series of solicitations for
proposals amounting to 640 million euros were disseminated under
the IP framework, culminating in the execution of contracts
totaling 907 million euros. Disbursements to project executors
amounted to 373 million euros, representing 35 percent of the
annual budgetary allocation. In aggregate, approximately 6 billion
euros in European Union allocations are designated for intellectual
property initiatives. As of 2021, there have been announcements for
calls totaling 5.26 billion euros, representing 88 percent of the
allocated financial resources. Contracts amounting to 3.55 billion
euros have been executed, which constitutes 59 percent of the
total, while disbursements have reached 1.1 billion euros,
accounting for 18 percent of the overall funding.
The NKL framework functions distinctively—disbursements from the
European Commission are contingent not on expended resources but on
the attainment of predefined milestones. The strategic framework
encompasses 216 performance metrics pertaining to reform
initiatives and capital allocation projects; as of early August,
110 metrics (51 percent) have been successfully achieved.
This year, the NKL plan has seen calls ringing in at 176 million euros, contracts inked for 103 million euros, and a hefty 340 million euros disbursed—that’s 24 percent of the annual target in the bag. The NKL plan’s total budget is 3.849 billion euros; to date, calls have been issued for 3.838 billion euros (99.7 percent of funds), contracts signed for 3.55 billion euros (92 percent), and 1.4 billion euros (36 percent) disbursed.
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