Portugal submitted the RRP reprogramming to Brussels and the proposed allocation amounts to 22,000 ME

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Portugal has already submitted the proposal for reprogramming the Recovery and Resilience Plan (RRP) to Brussels, which will now exceed 22 billion euros, the government announced.

“The Government submitted to the European Commission the revised RRP […]. In comparison with the initial RRP, this is an increase of more than 2.4 billion euros in subsidies and 3.2 billion euros in loans,” said the Minister of the Presidency, Mariana Vieira da Silva, who spoke to journalists in Lisbon.

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

Besides having the goal of repairing the damage caused by covid-19, this plan also has the purpose of supporting investments and generating employment.

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