“We will present the proposal for — I don’t call it a reprogramming — an adjustment, reappraisal of the PRR, which will be our last opportunity to make adjustments to the PRR,” announced Castro Almeida in parliament, during a hearing on the proposal for the State Budget for 2026 (OE2026).
The minister stated that investments “impossible to execute within the timeframe” will be dropped, and goals have been altered “to reduce ambition.”
“We are adjusting allocations and investment amounts based on our administration’s execution capacity. The reforms remain unchanged. In investments, there are some alterations”, clarified Castro Almeida.
The minister reiterated that the PRR is not delayed, and 10 goals from the ninth payment request were anticipated for the eighth.
Castro Almeida highlighted that this week “is particularly important for European funds,” as a proposal for reprogramming PT 2030 was presented on Monday.
Lusa sought further clarification regarding this PRR reprogramming from the Ministry of Economy and Territorial Cohesion.
“In 2026 there is no more leeway; everything must be completed”
The Minister of Economy affirmed in Parliament that there will be “no more leeway” regarding the PRR next year and that everything must be executed by December.
“In 2026 there is no more leeway […], everything must be completed”, warned the Minister of Economy and Territorial Cohesion, Castro Almeida.
The Minister of Economy stated today in parliament that, concerning the Recovery and Resilience Plan (PRR), there will be “no more leeway” next year and that everything must be executed by December.
Lusa | 16:47 – 30/10/2025
The official, speaking during a joint hearing with the Agriculture and Budget and Finance committees, had already announced that this is a “particularly important” week for European funds.
This Friday, the government will present what the minister termed as a reappraisal of the PRR, a “last opportunity to make adjustments.”
In this context, allocations and investment amounts will be adjusted based on execution capacity.
Reforms remain unchanged, but alterations will take place in investments, specified Castro Almeida.
The minister also mentioned that 10 goals from the ninth payment request will be anticipated for the eighth, without providing further information.
“When investment was impossible to execute within the timeframe, we let it go. When necessary, we altered the goal to reduce ambition,” he recalled.
Lusa contacted the Ministry of Economy for more details on the new PRR alterations and awaits a response.
The PRR, set to be executed by 2026, aims to implement a range of reforms and investments aimed at fostering economic growth recovery.
Besides aiming to repair damage caused by COVID-19, this plan seeks to support investments and generate employment. Earlier this week, the government also presented a proposal for the reprogramming of Portugal 2030.
