The Azores are at risk of losing €53 million due to the decrease in population. The demographic reduction directly affects the funds received by the region, both in VAT and in state transfers.
The Azores Secretary for Finance explained the impact of this situation to regional deputies. The threat to regional finances is directly linked to demographic weight, which determines the distribution of funds.
With fewer residents, the region receives fewer financial resources, which may compromise the capacity for investment and operation of Azorean public services.




