Portugal is the sixth country in the European Union (EU) with the most funds raised for the Recovery and Resilience Plan (PRR), approximately €5.14 billion, and fourth with the highest implementation rate at 17% .
The data, consulted by Lusa on the day the government presents a situation related to the PRR to the President of the Republic, will be included in the evaluation panel of the European Commission on the implementation of the recovery and resilience mechanism.
According to data from Brussels, Portugal is the sixth country in the EU to have already received more funding to implement its PRR, totaling EUR 5.14 billion – EUR 4.07 billion in grants and EUR 1.07 billion in loans – already provided by Brussels to the country have been paid.
The main beneficiary for now is Italy (with a total of €66.89 billion), followed by Spain (€31.04 billion), France (€12.52 billion), Greece (€11.1 billion) and Romania (6 .35 billion euros). .
In terms of the implementation of the PRR, Portugal ranks fourth in the EU with an implementation rate of 17% thanks to the 35 investments and 23 reforms already implemented out of a total of 284 investments and 57 reforms agreed with Brussels, which correspond to the total number of milestones and objectives.
In Portugal, the direct and final beneficiaries of the PRR have already received a total of €1,474 million, about 9% of the total, and applications submitted amounted to 149,369, according to the latest monitoring report with information reported up to February 8.
Contacted by Lusa, a government source assures that “the implementation of the PRR is progressing as planned”, at a time when 1,474 million euros have already been paid to beneficiaries, 94,997 applications have been approved, 76% of notifications have been launched and 70% have been approved, and even 31% of the funds have already been received.
With a total allocation of €16.6 billion (€13.9 billion in grants and €2.7 billion in loans), the Portuguese PRR enables interventions such as improving energy efficiency in homes with an allocation of €121 million , strengthening competences and qualifications to support the hiring of 11 thousand people and also focuses on efficiency in the field of justice and on reducing bureaucratic obstacles that companies face with an amount of 35 million euros.
The implementation of the Portuguese PRR has been set at 17% of the milestones and targets agreed with the European Commission, with the government aiming to end the year with 32% implementation.
After a pre-financing of EUR 2.2 billion in August 2021, Portugal received its first disbursement under the PRR in early May 2022, after approval by the European Commission of 38 marks (equivalent to 6%), which represents 8% of the funds .
Exactly one week ago, the community administration completed the payment of the second ‘tranche’ of 1.8 billion euros to Portugal (1.7 billion euros in grants and 109 million euros in loans) for compliance with 20 marks and targets.
Of the 27 EU countries, Portugal is one of 18 to have already submitted disbursement requests, one of seven to have already submitted two requests and one of 11 to have already received funding from Brussels.
With this second ‘tranche’, Portugal became the fifth country in the EU to receive the second disbursement.
Source: DN
