This financing will support the implementation of the crucial investment and reform measures outlined in Bulgaria's recovery and resilience plan. It will play a crucial role in enabling Bulgaria to emerge stronger from the COVID-19 pandemic. The RRF is the key instrument at the heart of NextGenerationEU. It will provide up to €800 billion (in current prices) to support investments and reforms across the EU. The Bulgarian plan forms part of an unprecedented and coordinated EU response to the COVID-19 crisis. It addresses common European challenges by embracing the green and digital transitions and by strengthening economic and social resilience and the cohesion of the single market.