Speaking at a hearing before parliament’s economy committee on Tuesday, he noted that this was the third-highest rate among member states.
He added that the rate was over the 97.9% EU average.
He added that Hungary could be in first place when the accounting of the 2014-2020 funding is closed.
The 2014-2020 funding supported the implementation of 52,000 projects.
Addressing Hungary’s 2021-2027 EU funding, Navracsics noted that 55% of monies from three operative programs had been suspended by the council because of corruption risks related to state procurements.
He added that Hungary had fulfilled a commitment to reduce the rate of single-bid procedures under the 15% EU average.
He said HUF 1.314 trillion of the 2021-2027 funding had been transferred, while payouts for EU-funded projects were over HUF 3.15 tln.
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