Ministry of Finance: this year, more than EUR 700 million of European funds have been injected into the Lithuanian economy

In the first seven months of this year, EUR 713 million of EU structural funds and theplan “Next Generation Lithuania” (NGL) have already been disbursed to various private and public sector projects in Lithuania, the Ministry of Finance reports.

Planned EU investments reach Lithuania through two channels: under the 2021-2027 Investment Programme (IP) and the plan “Next Generation Lithuania” (NGL). By the beginning of August this year, EUR 373 million have been disbursed under the IP and EUR 340 million under the NGL plan. 

Between the beginning of this year and 1 August, under the IP calls for EUR 640 million were launched, contracts for EUR 907 million signed, and EUR 373 million disbursed to project operators which accounted for 35 % of the total funds planned for this year.

In total, almost EUR 6 billion of EU funding is foreseen under the IP project implementation plans. From 2021 to date, calls for EUR 5.26 billion (88%) of EU funds have been launched, contracts worth EUR 3.55 billion (59%) have been signed, and EUR 1.1 billion (18%) have been disbursed under the programme.

According to the NGL plan, funds for Lithuania are paid from the European Commission (EC) not for the incurred project costs, but for the committed milestones. The plan consists of a total of 216 milestones covering two main areas: the implementation of reforms and investment projects. By early August, 110 milestones (51% of the total) had been implemented.

From the beginning of this year until 1 August, NGL calls for EUR 176 million were launched, contracts for EUR 103 million were signed, and EUR 340 million disbursed accounting for 24 % of this year's funds. 

The total financing value of the NGL plan is EUR 3.849 billion, so far EUR 3.838 billion of NGL calls have been launched (99.7% of the allocated funds), contracts for EUR 3.55 billion have been signed (92%), and EUR 1.4 billion or 36% of the planned funds have been disbursed.

Last updated: 19-08-2025

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