Italy Ready for NRRP’s 5th Installment

Politics - December 30, 2023

The Italian government has forwarded to the European Commission the request for the disbursement of the fifth installment of the National Recovery and Resilience Plan. There are 52 objectives included in this fifth installment. Palazzo Chigi has specified that there will be very significant investments, particularly in the sectors of agriculture and waste valorization.

On December 27, Brussels transferred the fourth installment of the NRRP to the Italian state treasury, amounting to 16.5 billion euros. This sum allows Italy to exceed the threshold of one hundred billion euros in received funding out of a total available of 194.4 billion.

There is great satisfaction from the Prime Minister and leader of the European Conservatives, Giorgia Meloni, who stated, “It closes a year of great commitment and extraordinary results by the government in implementing the NRRP. We are very satisfied and determined to continue the work in the coming months.”

The Italian Minister for European Affairs, Cohesion Policies, and NRRP has also expressed satisfaction: “The request for the payment of the fifth installment forwarded today to the European Commission marks another important success for Prime Minister Meloni and the government in implementing the NRRP.” He also emphasized the hard teamwork that the Italian government is doing: “As with the fourth, even for the request of the fifth installment, Italy confirms itself ahead of schedule compared to other Member States. An extraordinary result stemming from great teamwork and constant positive dialogue with the Commission. The assessment phase will be as rigorous as always, but we are confident.” Just as it was for the fourth installment, but despite this, the government’s hard work did not prevent Italy from being the first country to receive it.

The statement from Palazzo Chigi clarifies the specific objectives for the accreditation of the fifth installment. These involve particular investments in the agriculture sector to increase the efficiency of irrigation systems and to enhance green energy production, in the water sector with new projects for the reinforcement of pipelines, purification systems, and the reduction of network losses. Environmental protection is also at the forefront, achieved through the creation of new facilities for waste valorization and the modernization of existing ones.

In the same statement, the government reiterated its intention to continue collaborating with the European Commission.