The total payments now amount to 9.091 billion euros, equivalent to 41% of the funding and contracted value and 39% of the approved amount.
The largest recipients of these funds are companies (3.229 billion euros), public entities (1.902 billion euros), and municipalities and metropolitan areas (1.282 billion euros).
This is followed by public companies (918 million euros), schools (606 million euros), higher education institutions (353 million euros), social and solidarity economy institutions (312 million euros), families (266 million euros), and finally, scientific and technological system institutions (222 million euros).
Project approvals stand at 22.769 billion euros, representing 102% of the funding and concentrated value.
Leading beneficiaries include companies (6.380 billion euros), public entities (5.270 billion euros), and municipalities and metropolitan areas (4.436 billion euros).
Also significant are public companies (2.994 billion euros) and schools (1.038 billion euros).
Following are higher education institutions (844 million euros), social and solidarity economy institutions (821 million euros), scientific and technological system institutions (660 million euros), and families (326 million euros).
As of Wednesday, the PRR received 396,385 applications, with 334,260 analyzed.
The approved applications reached 257,037, an increase of 546 from the previous week.
The Minister of Economy and Territorial Cohesion assured on Wednesday that the country will utilize all funds from the PRR, reiterating that its execution “is on time” and will continue so.
“The country can worry about many things, but it does not need to worry about the PRR. […] Portugal will not lose a single euro of the funds available to us,” affirmed Manuel Castro Almeida, during a parliamentary hearing, a few days after addressing the Committee on Economy and Territorial Cohesion for clarifications on the PRR.
The PRR, which is set to be implemented by 2026, aims to execute a set of reforms and investments for economic recovery.
In addition to addressing the damages caused by COVID-19, this plan aims to support investments and generate employment.
