Common Regulations Regarding the Implementation of Financial Instruments of the European Union Cohesion Policy Programme 2021-2027

Issued pursuant to
Section 19, Clause 14
of the Law on Management
of European Union Funds
for the 2021-2027 Programming Period
and Section 12, Paragraph four
of the Law on Development Finance Institution

I. General Provisions

1. The Regulation prescribes the following regarding the financial instruments to be used within the scope of the European Union Cohesion Policy Programme 2021-2027 (hereinafter - the Policy Programme):

1.1. the procedures for implementation;

1.2. the available funding;

1.3. the eligible activities and eligible costs.

2. Financial instruments are implemented within the following specific objectives and activities of the Policy Programme:

2.1. in Activity 1.2.1.2 "Productivity Loans (Including With Capital Discount) For Innovative Equipment, Research, Development, Technology Transfer" of the Specific Objective 1.2.1 "Strengthening Research and Innovation Capacity and the Introduction of Progressive Technologies for Enterprises" (hereinafter - Activity 1.2.1.2);

2.2. [12 August 2025];

2.3. in the Specific Objective 1.2.3 "Promoting Sustainable Growth and Competitiveness of Small and Medium-sized Enterprises (SMEs) and Job Creation in SMEs, Including by Productive Investments":

2.3.1. in Activity 1.2.3.2 "Venture Capital Investments";

2.3.2. in Activity 1.2.3.3 "Start-up and Growth Loans";

2.3.3. in Activity 1.2.3.4 "Guarantees and Portfolio Guarantees for Full-cycle Entrepreneurship";

2.3.4. in Activity 1.2.3.5 "Loans for Increasing Productivity (Investments and Current Assets)";

2.3.5. [12 August 2025];

2.4. in the Specific Objective 2.1.1 "Promotion of Energy Efficiency and Reduction of Greenhouse Gas Emissions":

2.4.1. in Activity 2.1.1.1 "Improvement of Energy Efficiency in Residential Buildings, including Development of ESCO Market (Apartment, Private and Small-scale Apartment Building Complexes)" (hereinafter - Activity 2.1.1.1);

2.4.2. in Activity 2.1.1.2. "Use of Renewable Resources (RES) and Improvement of Energy Efficiency in Industries and by Entrepreneurs" (hereinafter - Activity 2.1.1.2);

2.4.3. in Activity 2.1.1.3 "Use of Renewable Resources (RES) and Improvement of Energy Efficiency in District Heating and Cooling" (hereinafter - Activity 2.1.1.3) (hereinafter Sub-paragraphs 2.4.1, 2.4.2, and 2.4.3 of this Regulation together - the activities of SO 2.1.1);

2.5. [19 November 2024];

2.6. in Activity 6.1.1.4 "Entrepreneurship Greening and Product Development Measures, Promoting Improvement in Energy Efficiency and Introduction of Renewable Energy Technologies in Enterprises" of the Specific Objective 6.1.1 "Provision of Opportunity for Regions and People to Deal with the Social, Economic and Environmental Consequences Caused by Transition towards Climate Neutrality" (hereinafter - Activity 6.1.1.4.);

2.7. within the scope of Specific Objective 2.1.2 "Promotion of Renewable Energy Sources - Biomethane" (hereinafter - the Activity of SO 2.1.2);

2.8. [12 August 2025];

2.9. within the scope of the second round of Specific Objective 1.5.1 "Enhancing Industrial Capabilities to Strengthen Defence by Prioritising Dual-Use Products" (hereinafter - the Activity of SO 1.5.1).

[19 November 2024; 12 August 2025; 26 May 2026]

3. Financial instruments shall be implemented, using holding funds within the meaning of Article 2(20) of Regulation (EU) No 2021/1060 of the European Parliament and of the Council of 24 June 2021 laying down common provisions on the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund, the Just Transition Fund and the European Maritime, Fisheries and Aquaculture Fund and financial rules for those and for the Asylum, Migration and Integration Fund, the Internal Security Fund and the Instrument for Financial Support for Border Management and Visa Policy (hereinafter - Regulation No 2021/1060) (hereinafter - the holding funds). A specific fund is established for each financial instrument within the meaning of Article 2(21) of Regulation No 2021/1060 (hereinafter - the specific fund).

4. The purpose of the holding funds is to ensure the availability of funding to final recipients according to the conditions of the Policy Programme and the analysis of market failures in access to finance.

5. The specific fund is established to provide support to final recipients within the meaning of Article 2(18) of Regulation No 2021/1060. The conditions for granting support to final recipients shall be determined in accordance with the specific objective and activity support and development programmes referred to in Paragraph 2 of this Regulation and approved by the Cabinet within the meaning of Section 1, Paragraph two of the Law on Development Finance Institution (hereinafter - the support programme).

6. The total eligible funding planned within the scope of the holding funds for the objectives and activities referred to in Paragraph 2 of this Regulation shall be EUR 522 803 096 (a detailed breakdown of the planned funding is available in Annex to this Regulation), including:

6.1. for the Policy Programme priority 1.2 "Support for Entrepreneurship" - EUR 190 967 535, consisting of funding from the European Regional Development Fund in the amount of EUR 162 322 402 and the State budget co-funding in the amount of EUR 28 645 133;

6.2. for the Policy Programme priority 1.5 "Investment Fund for Development of Entrepreneurship" - EUR 35 000 000, consisting of funding from the European Regional Development Fund in the amount of EUR 29 750 000 and the State budget co-funding in the amount of EUR 5 250 000;

6.3. for the Policy Programme priority 2.1 "Mitigation of Climate Change and Adaptation to Climate Change" - EUR 255 307 502, consisting of funding from the European Regional Development Fund in the amount of EUR 198 765 182, funding from the Cohesion Fund in the amount of EUR 18 246 193, and the State budget co-funding in the amount of EUR 38 296 127;

6.4. for the Policy Programme priority 6.1 "Transition towards Climate Neutrality" - EUR 41 528 059, consisting of funding from the Just Transition Fund in the amount of EUR 35 298 850 and the State budget co-funding in the amount of EUR 6 229 209.

[26 May 2026]

6.¹ The total eligible funding planned within the scope of the holding funds for the objectives and activities referred to in Paragraph 2 of this Regulation may be increased or decreased, without exceeding the total funding available for the specific objective within the scope of a single priority referred to in Paragraph 6 of this Regulation.

[12 August 2025]

7. [12 August 2025]

8. Financial instruments funded from the holding funds may be additionally funded by akciju sabiedrība "Attīstības finanšu institūcija Altum" [joint-stock company Development Financial Institution Altum] (hereinafter - the company Altum) or by reimbursement of the public resources, and also by financial resources attracted by fund managers which are intended within the relevant support programme. In addition, the company Altum may attract loans or private funding from State or international financial institutions.

[12 August 2025]

9. The result indicator of the holding funds - the private investments supplementing the public aid (including grants, financial instruments):

9.1. [12 August 2025];

9.2. until 31 December 2029:

9.2.1. in Activity 1.2.1.2 - EUR 17 580 000;

9.2.2. [12 August 2025];

9.2.3. in the activities of SO 1.2.3 - EUR 173 509 400, including:

9.2.3.1. in Activity 1.2.3.2 "Venture Capital Investments" - EUR 27 509 400;

9.2.3.2. in Activity 1.2.3.4 "Guarantees and Portfolio Guarantees for Full-cycle Entrepreneurship" - EUR 110 000 000;

9.2.3.3. in Activity 1.2.3.5 "Loans for Increasing Productivity (Investments and Current Assets)" - EUR 36 000 000;

9.2.3.4. [Deleted]

9.2.4. in Activity 6.1.1.4 - EUR 41 726 032;

9.2.5. in the second round of the Activity of SO 1.5.1 - EUR 10 819 571.

[19 November 2024; 12 August 2025; 26 May 2026]

10. The output indicator of the holding funds - enterprises supported by the financial instruments:

10.1. [12 August 2025];

10.2. until 31 December 2029:

10.2.1. in Activity 1.2.1.2 - nine enterprises;

10.2.2. [12 August 2025];

10.2.3. in the activities of SO 1.2.3 - 605 enterprises, including:

10.2.3.1. in Activity 1.2.3.2 "Venture Capital Investments" - 68 enterprises;

10.2.3.2. in Activity 1.2.3.3 "Start-up and Growth Loans" - 287 enterprises;

10.2.3.3. in Activity 1.2.3.4 "Guarantees and Portfolio Guarantees for Full-cycle Entrepreneurship" - 200 enterprises;

10.2.3.4. in Activity 1.2.3.5 "Loans for Increasing Productivity (Investments and Current Assets)" - 50 enterprises;

10.2.4. in Activity 6.1.1.4 - 102 enterprises;

10.2.5. in the Activity of SO 1.5.1 - two enterprises.

[19 November 2024; 12 August 2025; 26 May 2026]

11. The output indicator of the holding funds - the new supported enterprises - in the activities of SO 1.2.3:

11.1. [12 August 2025];

11.2. until 31 December 2029 - 135 enterprises, including:

11.2.1. in Activity 1.2.3.2 "Venture Capital Investments" - 45 enterprises;

11.2.2. in Activity 1.2.3.3 "Start-up and Growth Loans" - 90 enterprises.

12. The output indicators of the holding funds - housing with improved energy efficiency - in Activity 2.1.1.1:

12.1. [12 August 2025];

12.2. until 31 December 2029 - 10 653 dwellings.

[19 November 2024]

13. The result indicator of the holding funds - primary annual energy consumption (including dwellings, public buildings, enterprises, other) - in the activities of SO 2.1.1 until 31 December 2029:

13.1. in Activity 2.1.1.1 - 21 162 MWh/year;

13.2. in Activity 2.1.1.2 - 24 944 MWh/year;

13.3. in Activity 2.1.1.3 - 24 125 MWh/year.

[19 November 2024; 12 August 2025]

14. [12 August 2025]

15. The result indicator of the holding funds - the total generated renewable energy (including electricity, thermal energy) - in Activity 6.1.1.4 until 31 December 2029 - 7047 MWh/year.

[19 November 2024]

16. The output indicator of the holding fund programme - dwellings with improved energy efficiency occupied by persons at risk of energy poverty - in Activity 2.1.1.1:

16.1. [12 August 2025];

16.2. until 31 December 2029 - 1597 dwellings.

[19 November 2024]

17. The result indicator of the holding fund programme - estimated greenhouse gas emission savings - in Activity 6.1.1.4 until 31 December 2029, 3480 CO₂ equivalent tonnes/year.

17.¹ The output indicator of the holding fund programme - additional renewable energy generation capacity (biomethane) - within the scope of the Activity of SO 2.1.2 until 31 December 2029 - 16 MW.

[26 May 2026]

17.² The result indicator of the holding funds - share of the renewable energy in final energy consumption - within the scope of the Activity of SO 2.1.2 until 31 December 2029 - 46.5 %.

[26 May 2026]

17.³ [12 August 2025]

II. Procedures for the Implementation of the Holding Fund

18. The company Altum shall be the implementing entity of the holding funds, on the basis of Article 59(3)(c) of Regulation No 2021/1060. The company Altum shall act according to the support programmes and the funding agreement within the scope of the specific objectives and activities referred to in Paragraph 2 of this Regulation by the means of direct or indirect financial instruments, and also combined financial instruments.

[12 August 2025]

19. The functions of the responsible institution shall be performed by:

19.1. the Ministry of Economics in respect of the activities referred to in Sub-paragraphs 2.1, 2.3, 2.4.1, 2.4.2, and 2.9 of this Regulation;

19.2. the Ministry of Climate and Energy in respect of the activities referred to in Sub-paragraphs 2.4.3 and 2.7 of this Regulation.

[19 November 2024; 12 August 2025]

20. The holding funds and the specific funds shall be introduced in accordance with the market failure assessment drawn up in accordance with Article 58(3) of Regulation No 2021/1060. The respective responsible institution shall, in accordance with Article 40(1)(d) of Regulation No 2021/1060, submit the initial and subsequent versions of the market failure assessment for information to the monitoring committee of the European Union Funds for the 2021-2027 programming period (hereinafter - the monitoring committee).

[19 November 2024]

21. The company Altum shall develop an investment strategy and an introduction plan (hereinafter together - the business plan) for the holding funds in accordance with Annex X to Regulation No 2021/1060 and Section 12, Paragraph three of the Law on Development Finance Institution, including information on the impact, risks and expected losses, financial performance, management fees and repayment amounts of the financial instruments of the specific objectives and activities referred to in Paragraph 2 of this Regulation and, upon request of the responsible institution, shall submit a business plan to the responsible institution within the time limit indicated therein.

22. The responsible institution shall examine the business plan submitted by the company Altum within 20 working days and assess, in accordance with the internal regulatory enactment of the responsible institution, whether it meets the requirements referred to in Paragraph 21 of this Regulation, whether it eliminates market failures and also whether the activities included in the business plan are specified in the support programmes (if applicable). If the business plan needs to be revised or supplemented, the responsible institution shall inform the company Altum by letter accordingly and shall request that the deficiencies be remedied within 10 working days from the date when the letter was sent.

23. The responsible institution shall examine the revised business plan within 10 working days after receipt thereof and, if it meets the conditions referred to in Paragraph 21 of this Regulation, shall take the decision to approve the business plan of the company Altum and send the abovementioned decision together with the business plan of the company Altum to the co-operation institution.

24. The co-operation institution and the company Altum shall, within 25 working days after receipt of the decision referred to in Paragraph 23 of this Regulation, conclude a funding agreement for the implementation of the holding fund in accordance with Annex X to Regulation No 2021/1060.

25. [12 August 2025]

26. When introducing the holding funds, the company Altum has an obligation:

26.1. to introduce the specific funds in the direct form of financial instruments:

26.1.1. in accordance with Article 59(7) of Regulation No 2021/1060, to ensure an open, transparent, and objectively reasoned selection, ensuring equality and preventing a conflict of interest;

26.1.1.¹ in accordance with Article 58(2) of Regulation No 2021/1060, to provide aid only for those investment elements that are not physically completed or fully implemented on the day of taking the investment decision;

26.1.1.² to comply with the requirements of Article 58(5), (6), and (7) of Regulation No 2021/1060;

26.1.2. to provide support under the conditions of the support programme;

26.1.3. to inform final beneficiaries that the aid is financed from the funds of the European Regional Development Fund, the Cohesion Fund, or the Just Transition Fund;

26.1.4. to submit reports to the co-operation institution on the support provided;

26.1.5. to accumulate and publish information on the final recipients in accordance with Article 50(1) of Regulation No 2021/1060;

26.1.6. to ensure information and visual identity measures in accordance with Articles 47 and 50(1) and (2) of Regulation No 2021/1060 and the procedures by which the authorities involved in the management of European Union funds ensure the implementation of those funds during the 2021-2027 programming period. To monitor whether the final beneficiary complies with the respective requirements and, if it is established that communication and design requirements have not been complied with, to take appropriate corrective measures;

26.1.7. to ensure the availability of information for 10 years from the day of granting of aid, when ad-hoc aid or aid within the scope of the programme has been granted to final beneficiaries;

26.2. to introduce the specific funds in the indirect form of financial instruments:

26.2.1. to organise the selection of fund managers and the financial services offered by them in an open, transparent, non-discriminatory, and competitive procedure in accordance with Article 21(14) of Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty, preventing situations of a conflict of interest;

26.2.2. to conclude contracts with fund managers in conformity with Annex X to Regulation No 2021/1060;

26.2.3. to determine that fund managers comply with the publicity requirements referred to in Sub-paragraph 26.1.6 of this Regulation;

26.2.4. to supervise the activities of fund managers, including to oversee the use of the funding in conformity with the objectives set and according to the support programme;

26.2.5. to summarise the information provided by the fund managers and to prepare reports for the submission to the co-operation institution on the results of the introduction of the financial instrument;

26.2.6. to impose an obligation on fund managers to accumulate and publish information on final recipients in accordance with Article 50(1) of Regulation No 2021/1060;

26.2.7. to impose an obligation on fund managers to ensure the availability of information for 10 years, counting from the date on which ad-hoc aid or aid within the scope of the programme is granted to the final beneficiaries, conducting detailed records containing information and corresponding documents to verify that all conditions of this Regulation and the relevant support programme are fulfilled in accordance with the EC Decision on activities of the company Altum;

26.2.8. to require fund managers to ensure compliance with the conditions referred to in Article 59(7) of Regulation No 2021/1060 and to ensure the prevention of a conflict of interest, including by incorporating declarations on the prevention of a conflict of interest, also in compliance with Article 61, Article 157(4), and Article 212(1) of Regulation (EU, Euratom) 2024/2505 of the European Parliament and of the Council of 23 September 2024 on the financial rules applicable to the general budget of the Union (recast) (hereinafter - Regulation No 2024/2509);

26.3. within 25 working days of the entering into effect of the new support programme (or amendments to the programme), to review and propose amendments to the business plan (if applicable). The procedures for amending the business plan shall be laid down in the funding agreement;

26.4. to accumulate and enter the information into the Cohesion Policy Fund Management Information System on the programming period 2021-2027 until the deadlines specified in the funding agreement;

26.5. to invest the resources of the financial instruments not used for covering the eligible costs referred to in Paragraph 31 of this Regulation in accordance with Article 62(1) of Regulation 2021/1060;

26.6. to ensure a system of internal control which provides for the prevention of a conflict of interest (including by way of relevant statements), in conformity with Article 61 of Regulation 2024/2509, and a mechanism for the prevention of fraud, risk of corruption, and double funding;

26.7. upon request of the responsible institution, to ensure the provision of the necessary information on the holding funds or the implementation progress of the relevant financial instruments;

26.8. to collect and, upon request of the responsible institution, submit, within 10 working days, data on final beneficiaries by size of entrepreneurs (large, medium, and small), the name and registration number of entrepreneurs who have received aid, the source and amount of co-funding for entrepreneurs who have received aid, the amount of loans, guarantees and granted capital discounts received by entrepreneurs who have received aid, the amount of investments attracted by entrepreneurs who have received aid, and sectors according to NACE Rev. 2 and the area of the smart specialisation strategy. The scope of data to be collected may be changed upon mutual agreement with the responsible institution;

26.9. [19 November 2024];

26.10. [19 November 2024];

26.11. to ascertain that, at the time when the company Altum or the financial intermediary takes the decision to grant aid, the principles specified in Article 212(1) of Regulation No 2024/2509 are complied with.

[19 November 2024; 12 August 2025]

26.¹ The final beneficiaries receiving aid under the financial instruments referred to in Paragraph 2 of this Regulation, including combined financial instruments, shall not apply the laws and regulations governing supplier selection, except for final beneficiaries who are contracting authorities within the meaning of the Public Procurement Law or public service providers within the meaning of the Law on the Procurements of Public Service Providers.

[19 November 2024]

27. The responsible institution has the following obligations:

27.1. to update the market failure assessment and to submit it to the monitoring committee for information upon changes in the financial market situation or when providing for a support programme for a financial instrument co-funded by the European Regional Development Fund, the Cohesion Fund, or the Just Transition Fund which has not been indicated in the market failure assessment;

27.2. within 25 working days after the market failure assessment or its amendments have been examined by the monitoring committee, to publish it on the website of the European Union funds;

27.3. to take a decision on the business plan of the company Altum and its amendments;

27.4. upon invitation of the co-operation institution, to provide consultations on the implementation of the holding fund;

27.5. to cooperate with the company Altum and fund managers for improvement of the implementation of the support programme.

[19 November 2024]

28. The co-operation institution has the obligations:

28.1. to draw up funding agreements in conformity with Annex X to Regulation No 2021/1060;

28.2. to supervise the introduction of the holding funds in accordance with the procedures for carrying out checks on the European Union fund projects for the programming period 2021-2027 and other laws and regulations in the fields of aid for commercial activity and the European Union funds;

28.3. once a year, to inform the monitoring committee of the eligible and approved management fee of the company Altum.

III. Eligible Activities and Expenses of the Holding Funds and Financial Instruments

29. The holding funds of the company Altum and the financial instruments funded thereby shall be separated as a separate block of finance in accordance with Article 58(6) of Regulation No 2021/1060. The funding from the European Regional Development Fund, the Cohesion Fund, and the Just Transition Fund available in the holding funds shall be used indivisibly within the scope of each respective fund for the issuance of the financial instruments referred to in Paragraph 2 of this Regulation for the specific objectives and activities of each respective fund, for making investments (including for paying the management fees of fund managers in venture capital instruments), for covering credit risk losses (used for covering expected losses), for the management fee of the holding funds, and for the management fee of the direct financial instruments. The company Altum has the right to refuse subsequent issuance of financial instruments and making of investments if the actual and estimated losses exceed the public funding available for the covering of losses.

[19 November 2024]

30. The management of the holding fund and also the implementation and management of the financial instruments specified in the specific objectives and activities referred to in Paragraph 2 of this Regulation shall be the activities to be supported by the company Altum within the scope of the holding funds.

31. The following costs shall be eligible within the scope of the holding funds and financial instruments:

31.1. the costs of each specific fund which, within the scope of the relevant support programme, correspond to Article 68(1) of Regulation No 2021/1060;

31.2. the management fee of the holding fund of the company Altum and the management fee of the specific funds introduced by means of direct financial instruments in accordance with the thresholds specified in Article 68(4) of Regulation No 2021/1060;

31.3. the management fee of the specific funds introduced by means of indirect financial instruments in accordance with Article 68(4) of Regulation No 2021/1060.

32. Financial instruments funded from the holding funds shall be introduced in conformity with the provisions of the relevant support programme, including the conditions of the regulation on aid for commercial activity.

33. A 2 % reduction shall be applied to the management fee of the holding funds of the company Altum and the management fee of direct financial instruments calculated on the basis of performance results if the result indicators, output indicators, and specific output indicators of the programme to be achieved by the company Altum and specified in Paragraphs 8-17 of this Regulation are not achieved by 31 December 2029.

34. Repayments generated by the first cycle of the public funding of financial instruments within the scope of the holding funds (including repayments of the principal amount and repayments generated by revenue) shall be used by the company Altum in accordance with the conditions of Article 62 of Regulation No 2021/1060 in conformity with the decision of the European Commission on the activity of the company Altum, including with regard to the compensation of management fee, and according to the conditions of the relevant support programmes or the decision of the Cabinet. The company Altum shall, by the end of 2030, prepare information on the use of repaid funding for submission to the European Commission.

[12 August 2025]

34.¹ The beneficiary shall invest free assets in accordance with the free assets management policy of the beneficiary and the principles of sound financial management, ensuring traceable accounting:

34.¹ 1. income generated from the investment of free assets that is attributable to programme contributions and is not used in accordance with the requirements of Article 60 of Regulation No 2021/1060 by the closure date of the European Union's Cohesion Policy Programme for 2021-2027 shall be repaid to the co-operation institution, and the European Union funding specified in the agreement shall be reduced by this amount;

34.¹ 2. expenditures covered using income generated from the investment of free assets shall not be included by the beneficiary in the payment request as eligible costs;

34.¹ 3. income generated from the investment of free assets shall be used in accordance with the requirements of Article 60 of Regulation No 2021/1060.

[12 August 2025]

35. The administration fee of direct and indirect financial instruments or part thereof covered by the final recipients shall not be declared as eligible expenditures.

36. The company Altum shall ensure that aid for commercial activity is to be excluded at the level of fund managers in conformity with Sub-paragraph 26.2.1 of this Regulation.

37. The management fee of the holding funds of the company Altum and the management fee of direct financial instruments referred to in Paragraph 31 of this Regulation shall be eligible for the period from 1 January 2023 until 31 December 2029.

38. Within the scope of all financial instruments, the activities of final recipients are funded in the Republic of Latvia to the same or lesser extent as the total amount invested by the holding funds in the financial instruments for the funding of the final recipients, except for investments by fund managers and management fee, in conformity with Article 63(4) of Regulation No 2021/1060.

39. For the implementation of the holding funds and the specific funds, the company Altum shall open accounts with the Treasury to which the financial resources intended within the scope of the holding funds and the specific funds shall be transferred.

40. The funding paid in within the scope of this Regulation for the financial instruments of the holding fund shall be managed by the company Altum according to the principles of active management of financial resources and sound financial management.

41. Funding agreements shall stipulate the procedures by which the co-operation institution shall make payments of the funding, including interim payments, to the financial instruments implemented within the scope of the holding fund.

42. Sub-paragraph 26.2.1 of this Regulation shall come into force on the day following the publication in the Official Journal of the European Union on 9 March 2023 of amendments to Regulation (EU) No 651/2014 of the European Commission of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty.

Prime Minister,
Acting Minister for Foreign Affairs A. K. Kariņš

Minister for Economics I. Indriksone

Annex
Cabinet Regulation No. 510
5 September 2023

[26 May 2026]

Planned Distribution of Funding in Financial Instruments for the Specific Objectives and Activities Specified in Paragraph 2 of Cabinet Regulation No. 510 of 5 September 2023, Common Regulations Regarding the Implementation of Financial Instruments of the European Union Cohesion Policy Programme 2021-2027

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