The European Parliament and the EU Council have reached agreement on the EU’s next year budget, totaling 170.6 billion euros. Lithuania will receive additional funding for dealing with health and migration, the Finance Ministry says.
“It’s important that the final version ensures proper funding for Lithuania’s strategically important traditional policy areas, like cohesion and agriculture. Moreover, additional funding is planned for fighting new challenges, including migration and border protection, which is now important for Lithuania,” Finance Vice Minister Mindaugas Liutvinskas was quoted in a statement.
In 2022, Lithuania expects to receive around 1.33 billion euros in EU cohesion policy funding, around 0.92 billion euros from the EU common agriculture policy funds, around 144 million euros under the CEF transport funding and 40 million euros for the decommissioning of the Ignalina nuclear power plant.
The EU budget also includes 25 million euros in additional funding for the management of the migration crisis at the EU border with Belarus, but it remains to be seen how these funds will be distributed among Lithuania, Poland and Latvia.
Lithuania is set to receive a total of around 2.43 billion euros in EU funding next year, and Lithuania’s contribution into the EU budget will stand at around 627.4 million euros. (LRT/Business World Magazine)
