The payment made on 21 January is equivalent to 13% of the country’s financial allocation under the RRF. This pre-financing payment will help kick-start the implementation of the crucial investment and reform measures outlined in Finland's recovery and resilience plan. The Commission will authorise further disbursements based on the implementation of those measures. The country is set to receive €2.1 billion in total, consisting exclusively of grants, over the lifetime of its plan. The latest disbursement follows the recent successful implementation of the first borrowing operations under NextGenerationEU. Since June 2021, the Commission has raised €71 billion for NextGenerationEU via long-term EU-Bonds – €12 billion of which through the first-ever NextGenerationEU green bond issuance. The RRF is at the heart of NextGenerationEU, which will provide €800 billion, in current prices, to support investments and reforms across Member States. The Finnish plan is part of the unprecedented EU response to emerge stronger from the COVID-19 crisis, fostering the green and digital transitions while strengthening resilience and cohesion in our societies.