However, there is a risk that the European money will not be disbursed quickly enough because of administrative obstacles or because the RRF plans put forward by Member States may simply lack ambition. Lithuania has a good track record regarding the absorption rates of European funds – we currently rank ninth in terms of the 2014–2020 financial perspective. But we cannot grow complacent.
1/3  BIS central bankers' speeches  Lithuania should take full advantage of the RRF funding and put forward a high-quality plan for the Commission in April. By this, I mean a plan that is based on a rigorous cost-benefit analysis and is in line with the European priorities.