Sweden's National Recovery and Resilience Plan: Latest state of play
Sweden's national recovery and resilience plan (NRRP) is financed by the EU Recovery and Resilience Facility (RRF). The NRRP's total volume increased from an initial €3 289 million to €3 502 million in the revised version. The total amount of funds under the RRF was revised in June 2022, which reduced the final amount allocated to Sweden to €3 181 million. Adding to this its REPowerEU grant allocation of €198 million and the requested transfer of €66 million of its share of the Brexit Adjustment Reserve to the NRRP, the amended plan now includes €3 445.7 million in EU grants. The difference between the EU grants and the plan's total value (€57 million) is to be covered by national financing. The NRRP is of comparatively limited scope, and exclusively in the form of grants, as Sweden did not apply for loans. The revised amount represents 0.5 % of the entire Recovery and Resilience Facility (RRF), equal to 0.7 % of the country's gross domestic product (GDP) in 2019 (the RRF represented 5.2 % of EU-27 GDP in 2019). Sweden will receive payments in five instalments, contingent on progress in implementing the plan. On 20 December 2024, Sweden requested the first disbursement of €1.6 billion in grants, covering the first two instalments. The amended plan contributes 43.6 % of resources to climate related objectives, surpassing the minimum target of 37 % set in the RRF Regulation. At 23.1 %, its allocation for digital expenditure also exceeds the threshold, which was set at 20 % of resources (excluding the REPowerEU chapter). ºÏ·¨²©²ÊÍøÕ¾ has been a major supporter of establishing a common EU recovery instrument, and takes part in interinstitutional settings to cooperate, discuss and scrutinise implementation of the European Commission's work. This briefing is one in a series covering all EU Member States. Third edition. The 'NGEU delivery' briefings are updated at key stages throughout the lifecycle of the plans.
Briefing
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- coronavirus disease
- economic conditions
- economic geography
- economic policy
- economic recovery
- economic reform
- economic structure
- ECONOMICS
- epidemic
- EU aid
- EU finance
- EU financial instrument
- Europe
- EUROPEAN UNION
- FINANCE
- financing and investment
- GEOGRAPHY
- health
- investment
- political geography
- SOCIAL QUESTIONS
- structural adjustment
- Sweden