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Lithuania successfully completed the first period of the use of EU Structural Funds

Date

2009 07 07

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Vilnius, July 7. Lithuania successfully completed the first period of the use of EU Structural Funds – on 30 June 2009 the implementation of the Single Programming Document of Lithuania for 2004-2006 was completed.

According to the Single Programming Document of Lithuania for  2004-2006 (SPD), more than 3,500 infrastructure, industry, human resources, rural development and fisheries projects were implemented from EU Structural Funds. Up to 30 June 2009, more than LTL 3.3 billion of EU Structural Funds assistance has been used for the implementation of these projects.

SPD investments have not only contributed to the development of Lithuanian economy, but its implementation experience determined the appearance of new and useful practices in Lithuania’s public life  –  such as the application of wide practice partnership and measured strategic decisions, electronic surveillance. The knowledge obtained by the institutions and project operators, experience and the developed EU Structural Funds Administration System bears no less significance.

According to preliminary data, successfully used resources of all four EU Structural Funds – European Regional Development Fund, European Social Fund, “Guidance” Section of the European Agricultural Guidance and Guarantee Fund, financial instrument for Fisheries Guidance.

At the moment Lithuania has been paid a maximum possible amount of funds – LTL 2,936 billion (95 % of EU funds designated for the SPD implementation), the remaining share of EU funds – LTL 155 million – will be paid out after SPD closure documents are submitted. They are to be prepared by the Ministry of Finance and submitted to the European Commission by 30 September 2010.

Thus, now the process of SPD implementation closure will start, the main objective of which is to adequately and timely (by 30 September 2010) prepare and submit to the European Commission the documents on SPD implementation closure. The Ministry of Finance is responsible for coordinating this important and complex process, where the representatives from all the institutions administrating SPD, the National Audit Office of Lithuania included, will take part. In case everything is done adequately and timely, at the end of 2010 Lithuania will be paid the remaining share of EU funds.

 

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