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EU-funded National Recovery and Resilience Plan of Latvia to allocate 10% of the grant to health - P4H Network

EU-funded National Recovery and Resilience Plan of Latvia to allocate 10% of the grant to health

According to a Briefing by the European Parliamentary Research Service, EU-funded National Recovery and Resilience Plan of Latvia is to allocate 10% of the grant to health.

The briefing reports that Latvia’s National Recovery and Resilience Plan (NRRP) sets the package of reforms and investment measures designed by the country in the context of the European Union (EU) response to the crisis triggered by the coronavirus pandemic. In absolute figures, Latvia has decided to use €1 826 millions of grant allocation under the Recovery and Resilience Facility (RRF), while declining to avail of the loan component. These resources represent 0.3 % of the entire RRF, equal to 6 % of the country’s gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019).

Through these resources, Latvia is naturally pursuing national reforms and investments that aim to further promote a dynamic Latvian economy, while addressing a number of structural weaknesses. Latvia is also striving to attain major objectives such as convergence towards higher levels of standard of living, the green transition and digital transformation. Measures under the current plan are to be completed by 2026. Following the Council’s approval of the plan, Latvia received €237 million in pre-financing in September 2021. The next payments, in a total of six instalments, will depend on progress in implementation. The European Parliament, which was a major advocate for the creation of a common EU recovery instrument, participates in interinstitutional fora for cooperation and discussion on its implementation and scrutinises the work of the European Commission.

The Latvian plan is structured around six components, including health, each to be implemented through a mix of investment and reform.

The ‘Health’ component seeks to strengthen health services, increase the effectiveness of the healthcare system and ensure fair access to care. Related measures focus on modernising hospitals and secondary ambulatory care. 

Health component will receive €181.5 million, which amounts to 10 % of the National Recovery and Resilience Plan of Latvia and will include:

  • Comprehensive and integrated healthcare system
  • Human resources and upskilling
  • Sustainable health care

Source: the European Parliamentary Research Service 

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Reference
01 Feb 2022