At the end of October, intermediary payments from the European Commission stood at EUR4.71 billion from EUR4.06 billion in September.
Romania has sent spending statements to the EC for EUR4.96 billion (25.85%), from EUR4.56 billion (23.77%) in September.
The highest rate in absorption rate was posted by the program aiming to increase economic competitiveness, from 6.77% (EUR172 million) in September to 14.45% (EUR369 million) in October.
On October 8, the Commission announced it was resuming payments on the economic competitiveness program, which had been put on halt in October 2012 alongside the regional program and the transports program.
The lowest growth in absorption, just 0.17%, was registered on the technical assistance program.
Domestic payments to beneficiaries reached RON31.21 billion (32.48%) in October from RON29.5 billion (30.94%) in September.
EU funds minister Eugen Teodorovici said in December 2012, when he was sworn in, he plans to raise Romania’s absorption rate to 50% by the end of this year.