The Secretary of State for the Economy, Pedro Cilínio, announced this Tuesday an increase of 10 percentage points to 23% in the advance of the funds of the Recovery and Resilience Plan (PRR), to support the implementation of the projects.
“We are going to strengthen the levels of advances and payments in the calendars [mobilizadoras do PRR]. One of the measures we are taking is to increase the advance level by another 10 percentage points so that all agendas have an extra volume of money to start their investments, for example,” the official said in statements to journalists on the sidelines. the Portuguese companies present at the MICAM shoe fair in Milan.
Emphasizing that the executive intends “to finalize the negotiation process and contract the 53 agendas in the very short term”, Pedro Cilínio explained: in terms of planning and with the structure of the mission to recover Portugal, we have identified the possibility of increasing the initial advance diaries can receive by 10 percentage points.
According to the State Secretary, this reinforcement “will have to take place at two moments for reasons of treasury management”.
“Because we will receive 13% initially and what we can do is apply that 13% and go get another advance tranche to deliver to the companies,” he explained.
According to Pedro Cilínio, “In general, this allows an agenda to hold 23% of the money from the PRR within a period of three months after the recruitment, a maximum of three months, to give the implementation power to these projects, which is very important”.
Source: DN
