world_organizations hard True/False

The EU's Recovery and Resilience Facility (RRF), established in response to the COVID-19 pandemic, provides grants and loans to member states for reforms and investments supporting green and digital transitions, economic resilience, and social cohesion, with disbursements linked to milestone achievement.

  1. True
  2. False

Answer: True

The RRF, with €723.8 billion in current prices, is the largest stimulus package in EU history. National Recovery and Resilience Plans must allocate at least 37% to climate and 20% to digital objectives. This conditionality drives structural reforms and accelerates the EU's strategic autonomy and sustainability goals.

Topic European Union
Exam Relevance UPSC, Banking, SSC
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