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Portugal 2020 funds repayment rate at 81% by the end of 2022, says the Government

The Minister of the Presidency, Mariana Vieira da Silva, arriving for her audience at the Commission for Public Administration, Territorial Planning and Local Power, at the Assembly of the Republic, in Lisbon, January 24, 2023. JOSÉ SENA GOULÃO/LUSA

Portugal implemented 81% of the European funds in the Portugal 2020 program. It ranks second in the European execution ranking, only behind Poland. Minister of the Presidency speaks of “good results”.

The repayment rate of the Portugal 2020 (PT 2020) funds reached 81% by the end of 2022, placing Portugal in second place in the ‘ranking’ of Member States with similar budgets. announced the Government citing data from Brussels.

Portugal maintains its good results in terms of the execution of European funds, compared to its European partners. According to data from the European Commission, at the end of 2022 Portugal had a reimbursement rate of 81% of the Portugal 2020 funds,” the office of the Minister of the Presidency, Mariana Vieira da Silva, said in a statement.

Portugal is thus situated in second place in the ‘ranking’ (evaluation) of the 15 Member States with budgets of more than 7,000 million euros, with a rate six percentage points higher than the European average.

Leading the table is Poland (82%) and, after Portugal, the Czech Republic.

By the end of 2022, Portugal 2020 reached 87% executionexceeding the target set for cohesion policy funds by 100 million euros.

The European Commission transferred, in the same year, to Portugal, in the form of pre-financing or reimbursement of expenses, 3,294 million euros.

In 2023, the last year of implementation of Portugal 2020, the monitoring mechanisms with the beneficiaries will be intensified, promoting the successful closure of the projects, with a view to maximizing the results and fully absorbing the available European funds”, assured the executive.

Source: Observadora

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