HomeEconomyPRR. Commission identifies 15 investments in a worrying or critical condition

PRR. Commission identifies 15 investments in a worrying or critical condition

The National Recovery and Resilience Plan Monitoring Commission (CNA-PRR) identified 15 investments in a worrying or critical state, due to factors such as application delays or overambitious targets.

“We analyzed 69 investments […]33 in line with planning, 21 with necessary follow-up, 13 in a worrying state and two as critical,” said CNA-PRR President Pedro Dominguinhos in Lisbon during the presentation of the monitoring report of the program until 2022 .

Those found in ​​​​​​​critical condition refers to investments by companies, in housing, forests and also the digitization of education.

The total amount of the PRR (16,644 million euros), managed by the structure of the mission to recover Portugal, it is divided by its three structural dimensions: resilience (€11,125 million), climate transition (€3,059 million) and digital transition (€2,460 million).

Of the total allocation, approximately EUR 13,900 million corresponds to grants and EUR 2,700 million to loans.

The three dimensions of the plan show a 100% hiring rate.

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

In addition to the aim of repairing the damage caused by covid-19, the PRR also aims to support investment and create jobs.

Author: DN/Lusa

Source: DN

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