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Representation in Cyprus
Press release1 December 2021Representation in Cyprus

NextGenerationEU: New rules to ensure transparent reporting of reforms and investments for the recovery and social spending

NextGen EU

New rules have entered into force, which will ensure transparent reporting of reforms and investments for the recovery and social spending under the Recovery and Resilience Facility (RRF). They define common indicators for Member States to report on the overall performance of their recovery and resilience plans. A new recovery and resilience scoreboard will also go live before the end of the year, to show progress of the implementation of the national recovery and resilience plans in a transparent manner. The new rules also lay down the methodology on how the European Commission will report on Member States' social expenditure for the reforms and investments included in their recovery and resilience plans. This reporting will notably include policy measures related to employment and skills, education and childcare, health and long-term care and social policies. Each social measure that includes a focus on children and youth, and/or gender equality, will also be specifically highlighted as part of the scoreboard. The new guidelines were drafted in close consultation with Member States and the European Parliament. For more information on the RRF and country-specific investments and reforms, please visit the new RRF website.

Details

Publication date
1 December 2021
Author
Representation in Cyprus