Malta gets another €48.7 million from NextGenerationEU

Malta has received €48.7 million from the NextGenerationEU programme, the landmark post-COVID recovery initiative of the EU.

The disbursement brings the total amount received by Malta under the programme to €215 million, or two-thirds of the total funds allocated to the country.

The payment was made following Malta’s successful completion of 11 milestones and 13 targets related to 15 reforms and nine investments, as set out in the national recovery and resilience plan.

The funds will be used for a variety of public investments into mobility, education, health and justice.

These include strengthening access to free public transport, promoting sustainable mobility through the acquisition of electric vehicles for use in the public sector, upgrading educational infrastructure through the renovation of public schools, enhancing healthcare services through additional medical equipment and the introduction of a newborn hearing screening programme, modernising the judicial system with new equipment and digital tools, and reinforcing Malta’s strategy against money laundering.

The Commission stated that these funds will continue to strengthen Malta’s economic growth and resilience, while accelerating the implementation of crucial reforms and investments for the country’s future.

Commenting on this payment from the EU Recovery and Resilience Facility to Malta, Minister for European Funds Stefan Zrinzo Azzopardi stated that the Maltese Government has continued to invest for the benefit of the Maltese people through the implementation of the approved plan for Malta.

He stressed the importance of ensuring that in the coming months, these investments continue so that all funds allocated to Malta are fully utilised, delivering the greatest possible benefits for Maltese and Gozitan families.