The government ‘deconstructs’ the economic DNA plan: replaced by projects to be financed by the next EU financial perspectives | Deal



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Finance Minister Gintarė Skaistė claimed that the DNA plan was “deconstructed” because it misled the public.

“People imagined it was an additional source of funding and often said they were funding one or the other of a so-called DNA scheme, thinking it was additional money laundering. But this is not the case ”, confirmed the minister at the meeting.

According to her, the DNA scheme that the previous government intended to fund comes from four different sources. Of the 5.8 billion. 4.1 billion euros from the DNA plan. € 1 million was allocated to the old financial perspective of the European Union (EU). The Minister emphasized that the projects implemented under this financing line will not be suspended.

The next source of funding is the 2020 and 2021 budgets, and the third is the future EU financial perspectives for 2021-2027.

“For those projects for which contracts have already been signed, a temporary procedure is created for them: the list of projects eligible for EU funding and international projects is approved and the implementation procedure is established,” said the minister.

This list includes 7 projects.

The fourth source of funding is the Economic Recovery and Resilience Fund (RRF Fund). These funds have already been removed from the draft budget. And currently the projects to be financed with these funds are coordinated between the ministries to evaluate their compliance with the Government’s program and the priorities set by the European Commission (EC).

Photo from personal archive / Gintarė Skaistė

Photo from personal archive / Gintarė Skaistė

“After reviewing the projects of the last DNA, it is noted – as the EC has pointed out – that a large part of the projects are aimed at investments, the so-called pads, and not at the change requested by the EC. And since the money we receive is related to the indicators that we have to achieve, it is obvious that there is a high risk that those indicators will not be achieved and the money will not even reach us ”, warned G.Skaistė.

He added that funds for economic recovery and building resilience could be offset from the beginning of this year until 2026.

“We have enough time, we must be prepared to implement it in such a way that the compensation from the EC is guaranteed. Because if we implement as we want, not the EC, we will be able to finance these projects at the expense of our debt,” said the Minister.



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