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PRR: Payments reach 10.061 million in the last week of November

The latest monitoring report indicates that this figure represents 45% of the allocation and contracted amount and 43% of the approved total.

The execution of the PRR remains at 47%, with 204 milestones and targets met out of a total of 438.

The highest amounts received have been by companies (€3.672 billion), public entities (€2.050 billion), and municipalities and metropolitan areas (€1.403 billion).

Following these are public companies (€1.029 billion), schools (€606 million), higher education institutions (€414 million), social and solidarity economy institutions (€339 million), families (€286 million), and, finally, institutions of the scientific and technological system (€261 million).

Meanwhile, project approvals stand at €23.240 billion, down from €23.551 billion reported last week.

The total value of project approvals equals 105% of the allocation and contracted amount.

Leading project approvals are companies (€7.304 billion), followed by public entities (€4.900 billion) and municipalities and metropolitan areas (€4.573 billion).

Also noteworthy are public companies (€2.743 billion) and schools (€1.038 billion).

Beneath these are higher education institutions (€844 million), social and solidarity economy institutions (€822 million), scientific and technological system institutions (€660 million), and families (€354 million).

As of Wednesday, the PRR received 415,525 applications, with 363,789 analyzed.

Approved applications totaled 278,073, an increase of 1,701.

The European Commission disbursed €1.060 billion in grants to Portugal on Wednesday, following its seventh payment request under the Recovery and Resilience Facility (RRF).

According to a statement from the European Commission, this payment covers 27 milestones in sectors such as healthcare, housing, forest fire management, renewable energies, and improvements in the business environment.

The funds support measures including the acquisition of medical equipment, refurbishment of hydroelectric plants in Madeira, and the development of publicly accessible electric vehicle charging stations.

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

Besides aiming to repair the damage caused by Covid-19, the plan seeks to support investments and generate employment.

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