The Azores could lose approximately 53 million euros in revenue next year due to the update of data on the resident population in the archipelago. The information was confirmed today by the regional secretary of Finance, Planning and Public Administration, responsible for the financial affairs of the regional government.
This loss of revenue is directly related to the update of demographic data concerning the resident population in the Azores. The amount represents a significant impact on regional finances, which will need to adjust to this new demographic reality.
The regional government acknowledged this situation, recognizing that the change in population figures will have direct consequences on the budget of the autonomous region for the next year. The decrease in revenue could affect the region's investment capacity and public programs.




