National Recovery and Resilience Plan.

This Bulgarian National Recovery and Resilience Plan sets the main objectives that are aiming to facilitate the economic and social recovery from the crisis caused by the COVID-19 pandemic and to create a more sustainable, fair and successful economy. In pursuit of these goals, the government devised a set of measures and reforms that would not only restore the growth potential of the economy, but also develop and enhance it. This, in turn, will allow in the long term to achieve the strategic goal of convergence of the Bulgarian economy and income levels with those of Central Europe. At the same time, the Plan lays the foundations for a green and digital transformation of the economy in the context of the ambitious goals of the European Green Deal. The plan is structured in four pillars: Innovative Bulgaria – aiming at increasing the competitiveness of the economy and its transformation into an economy based on knowledge and smart growth - 20%1 of the resources under the Plan; Green Bulgaria – with a focus on sustainable management of natural resources, allowing to meet the current needs of the economy and society, while maintaining environmental sustainability, so that these needs can continue to be met in the long run - 37% of the resources of the Plan; Connected Bulgaria – focusing on providing prerequisites for increasing the competitiveness and sustainable development of the country's regions, such as improving transport and digital connectivity, as well as promoting local development, based on the specific local potential - 22% of the resources of the Plan; - Fair Bulgaria - with a special focus on disadvantaged groups and individuals to achieve a more inclusive and sustainable growth and shared prosperity for all, as well as with an emphasis on building effective and responsible public institutions responsive to the needs of business and the needs of the citizens - 21% of the resources of the Plan.
The Recovery and Resilience Plan presents the views of the Government and the society on how structural problems in the economy should be addressed, through an internally coherent and consistent combination of reforms and investments. In this regard, the intentions submitted should not be considered in isolation, but in combination with the parallel planned actions within the EU Cohesion Policy – both in terms of additional funding for the Programming period 2014-2020 (REACT EU) and in the package of strategic documents (Partnership Agreement and its programmes) for the next programming period. The additional efforts to make a transition to a climate-neutral economy, in the context of the ambitious goals of the European Green Deal to be funded through the Just Transition Mechanism based on just transition plans should also be taken into account.
The allocation of the financial resources by pillars of the Plan is elaborated on the basis of a specific methodology, consistent with the requirements of the draft regulation on thematic concentration in the areas of green and digital transition, the Country Specific Recommendations of the Council addressed to the country in 2019-2020, the reform intentions and the assessment of the necessary financial resources made by the departments within the process of elaboration of BULGARIA 2030.