This Regulation establishes a Technical Support Instrument and lays down the objectives of the instrument, the budget of the instrument for the period from 1 January 2021 to 31 December 2027, the forms of Union funding and the rules for providing such funding. The general objective of the instrument is to promote the Union’s economic, social and territorial cohesion by supporting Member States’ efforts to implement reforms, in order to: encourage investment; increase competitiveness; and achieve sustainable economic and social convergence, resilience and recovery; as well as, strengthen their institutional and administrative capacity; facilitate socially inclusive, green and digital transitions; effectively address the challenges identified in the country-specific recommendations; and implement Union law. To achieve the general objective, the instrument shall have the specific objectives of assisting national authorities in improving their capacity to: (i) design, develop and implement reforms; (ii) prepare, amend, implement and revise recovery and resilience plans pursuant to Regulation (EU) 2021/241.
2021-02-10