HomeEconomyPRR: Payments are 1,007 ME and Approved Applications are 85,459

PRR: Payments are 1,007 ME and Approved Applications are 85,459

Payments to beneficiaries of the Recovery and Resilience Plan (PRR) now represent 6% of the total allocation, or €1,007 million, with 85,459 applications approved, it was announced.

According to the PRR’s latest operational status report, of the EUR 16,644 million in loans, EUR 1,007 million has already been disbursed, corresponding to 6% of the total.

With the largest amounts received, public entities stand out with 302 million euros, public companies with 230 million euros and schools with 212 million euros.

This is followed by families (110 million euros), municipalities and metropolitan areas (49 million euros), companies (44 million euros), higher education institutions (29 million euros) and economic and solidarity institutions (25 million euros).

In last place appear the institutions of the scientific and technological system, with seven million euros.

The approvals now amount to 9,616 million euros, which corresponds to 58%.

Of this, 2,753 million euros relates to public entities, 2,560 million euros to companies and 1,994 million euros to public companies.

Municipalities and metropolitan areas approved EUR 977 million, followed by higher education institutions (EUR 608 million), solidarity and social economy institutions (EUR 259 million), schools (EUR 234 million), families (EUR 125 million) and institutions of the scientific and technological system (105 million euros).

The PRR has submitted 136,578 applications through early November, of which 85,459 have already been approved.

The total amount of the PRR, managed by the Recover Portugal Mission Structure, is divided into three structuring dimensions: resilience (11,125 million euros), climate transition (3,059 million euros) and digital transition (2,460 million euros).

The three dimensions represent a 100% hiring rate.

In terms of approvals, the digital transition stands out in percentage terms, at 65%, which corresponds to 1,593 million euros.

The resilience dimension has an implementation rate of 57% (6,391 million euros), while the climate transition amounts to 53% (1,633 million euros).

In terms of payments, the digital transition is first with 15% (374 million euros), followed by the climate transition with 8% (256 million euros) and resilience with 3% (377 million euros).

This plan, which runs until 2026, aims to implement a series of reforms and investments to restore economic growth.

In addition to the goal of repairing the damage caused by Covid-19, this plan also aims to support investment and generate employment.

Author: lusa

Source: DN

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