Pedro Dominguinhos, the President of the National Monitoring Commission of the Recovery and Resilience Plan (PRR), stated in the Parliamentary Commission of Economy and Territorial Cohesion that a new scheduling of the PRR remains a possibility until the deadline for its completion. “Almost all countries have presented updates to their PRR to ensure they achieve all goals and milestones,” he commented.
Dominguinhos, summoned to parliament following a request from Chega and the PS, mentioned that the Minister of Economy, Castro Almeida, has consistently claimed that Portugal will not lose PRR funds.
To achieve this, Dominguinhos believes a rescheduling is possible, given that the plan’s execution deadline is August 2026.
Meanwhile, the European Commission has advised member states on potential adjustments to milestones and targets to secure grants and loans.
Dominguinhos argued that Portugal could transfer between loans and grants under a new rescheduling.
The PRR, with an execution period until 2026, aims to implement various reforms and investments to restore economic growth.
Beyond addressing the damage caused by COVID-19, the plan is intended to support investments and create jobs.
According to the latest monitoring report, out of the 438 PRR milestones and targets, 145 have been validated by the European Commission, and 59 are under evaluation.
