HomeEconomyPayments to PRR beneficiaries reach 5,595 million euros at...

Payments to PRR beneficiaries reach 5,595 million euros at the end of October

The Recovery and Resilience Plan (PRR) paid €5,595 million to beneficiaries at the end of October, an increase of €84 million compared to the previous week, according to data from the latest monitoring report.

The same report also states that The total amount corresponds to 25% of the assignment and contracted value and 28% of the approved amount.

The largest amounts received are companies (2,066 million euros) and public entities (1,350 million euros).

They are followed by municipalities and metropolitan areas (574 million euros), public companies (558 million euros), schools (345 million euros), higher education institutions (237 million euros), families (189 million of euros), the institutions of solidarity and social economy (146 million euros) and institutions of the scientific and technological system (129 million euros).

For its part, project approvals amounted to 19,874 million euros, equivalent to 89% of the budget and contracted value.

Stand out companies (5,776 million euros), public entities (5,157 million euros) and municipalities and metropolitan areas (3,443 million euros).

Then come public companies (2,843 million euros), higher education institutions (805 million euros), schools (683 million euros), institutions of the solidarity and social economy (529 million euros), institutions of the scientific and technological system (393 million euros). and families (234 million euros).

Until October 30, the PRR received 347,758 applications, plus 1,229 million euros. Of them, 246,603 were analyzed and 201,893 approved. Brussels transferred to Portugal a total of 8,493 million euros. Of the 463 milestones and objectives agreed with Brussels, Portugal has already met 105 and 42 are under evaluation.

Following the reprogramming of the PRR, approved in September 2023, The endowment of the plan amounted to 22,216 million euros.

The PRR, which has an execution period until 2026, aims to implement a set of reforms and investments with a view to recovering economic growth.

In addition to having the objective of repairing the damage caused by the pandemic, the PRR has the purpose of supporting investments and generating jobs.

Source: Observadora

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