PRR execution reaches 75% at deadline with Castro Almeida's balance sheetPhoto by thiago japyassu on Pexels
PoliticsLisboa

PRR execution reaches 75% at deadline with Castro Almeida's balance sheet

DianaFM28 August 2026 at 07:29

The Minister of Economy and Territorial Cohesion, Castro Almeida, presented this Friday in Lisbon the balance sheet of the Recovery and Resilience Plan (PRR), outlining the status of the execution of this European financing program in Portugal. The presentation took place at a critical moment, as the formal deadline established by Brussels for the execution of the funds approaches.

With the formal deadline ending next Monday, the PRR execution rate stood at 75%, representing a payment of 14.463 billion euros to beneficiaries. This value reflects the significant volume of funds already distributed and executed under the plan, although the 100% target was not achieved within the expected timeframe.

Despite the closure of the formal target before the European authorities, works on schools, health centers and student residences will continue on the ground. These interventions represent projects with strong social and territorial impact, continuing to benefit from funding under the PRR.

The Portuguese executive emphasizes that the investment made also has a strong macroeconomic impact on the country, contributing to the dynamization of the economy and to the completion of essential infrastructure in the social and educational areas.

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