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A bsorption of Funding under the Cohesion Fund

Detailed analysis of payment progress and absorption of CF funding by various ministries in Latvia as of March 2009. Forecasted payments for 2009 outlined by sector and quarter. Cohesion Fund managed by Ministry of Finance.

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A bsorption of Funding under the Cohesion Fund

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  1. Absorption of Funding under the Cohesion Fund Ieva OzoliņaDepartment of European Union Funds, Head of Large-Scale Projects Division Rīga, 24 March 2009

  2. Payment progress Payment progress during last three quarters Claimed from the EC Received from the EC Paid to beneficiaries Cohesion Fund Managing Authority – Ministry of Finance

  3. Finanšu apguve Financial absorption Absorption of CF funding as on 28/02/2009, by sector Min. of Environm. Min. of Transport Min. of Finance Claimed from the EC Received from the EC Paid to beneficiaries Cohesion Fund Managing Authority – Ministry of Finance

  4. Payment forecastI Maksājumu prognoze I Planned payments for 2009, by quarter Transport Environment Total, incl. TA 2009, Q12009, Q22009, Q32009, Q4 Cohesion Fund Managing Authority – Ministry of Finance

  5. Payment Forecast II • In total, in 2009 it is planned to claim EUR73.1 M from the EC(10.4% of total approved funding), including: • 40.2 million–for transport projects • 32.1 million– for environmental projects • 0.8 million– for the technical assistance project of the Managing Authority Cohesion Fund Managing Authority – Ministry of Finance

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