Lithuania will reallocate roughly 540 million euros in European Union funds to defence, civil safety, military mobility, energy security, and social housing.
The cabinet on Wednesday approved a Finance Ministry proposal to shift portions of the 2021–2027 European Union investment programme and the Recovery and Resilience Facility to provide increased funding for these priority sectors.
The ministry proposed moving funds from projects at risk of missing the September Recovery and Resilience Facility implementation deadline. The capital will instead be directed toward initiatives overseen by various ministries that face funding shortages but are on track for timely completion.
Lithuania has been allocated approximately 3.85 billion euros under the Recovery and Resilience Facility scheme.
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