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March 24, 2023
BUSINESS

Romania draws 6,43 bn euros from rural development funds payments made exceed 72 %

Romania has drawn over 6.43 billion euros of EU funds for rural development up to September 22, 2014, which represents an uptake degree of some 72% of the total amount allocated through the National Rural Development Programme (PNDR) 2007-2013, according to the data provided by the Agency for Rural Investment Funding (AFIR), the former APDRP, during a visit to Crete to 10 EU-funded good practice projects.
The amount of 6.43 billion euros has already been paid to beneficiaries, through the AFIR.
“Since the commencement of the PNDR, in 2008, the AFIR has managed 148,414 funding requests worth over 18.3 billion euros. Until now, as many as 95,992 projects worth over 7.1 billion euros have been selected to receive non-repayable funding, which represents a commitment degree of 116% of the public funds available through the PNDR for investment projects,” show the AFIR data.

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