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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

PRR. Over 111 million euros paid in the last week

According to the latest monitoring report with data up to Wednesday, the total value now represents 46% of the allocation and contracted value and 43% of the approved amount.

The execution of the PRR remains at 47%.

The highest amounts received are by companies (3.691 billion euros), public entities (2.078 billion euros), municipalities and metropolitan areas (1.427 billion euros), and public companies (1.048 billion euros).

Following are schools (612 million euros), higher education institutions (422 million euros), social and solidarity economy institutions (340 million euros), families (286 million euros), and institutions in the scientific and technological system (268 million euros).

Project approvals stand at 23.165 billion euros, a decrease from the previously reported 23.240 billion euros.

This amount is equivalent to 104% of the allocation and contracted value.

Notably, companies account for (7.230 billion euros), public entities (4.874 billion euros), municipalities and metropolitan areas (4.572 billion euros), and public companies (2.746 billion euros).

Next are schools (1.038 billion euros), higher education institutions (861 million euros), social and solidarity economy institutions (818 million euros), institutions in the scientific and technological system (670 million euros), and finally, families (357 million euros).

As of Wednesday, the PRR received 408,237 applications, with 358,760 analyzed.

The approved applications stand at 273,403, a decrease of 4,670.

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

In addition to addressing the damages caused by COVID-19, this plan aims to support investments and create jobs.

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