According to the proposed State Budget for 2022, Portugal is expected to pay €2,584 million to the European Union budget and in return receive €9,117 million from European funds.
The positive balance will thus amount to €6,533 million in 2022. At issue is an increase of 40% compared to the surplus of €4,653 million recorded in 2021. In view of the surplus of €2,683 million in 2020, the positive balance for 2022 more than doubles .
In Portugal 2020 scientific funds alone, the government expects to receive € 5,911 million in 2022, 41% more compared to € 4,202 million received this year.
In particular, the government highlights the significant increase of the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development (EAFRD) and the European Regional Development Fund (ERDF), respectively, by 80%, 94%, 106 % and 14% face a 2021.
From the new Portugal 2030 community framework, the government expects to receive € 106 million still in 2021 and € 474 million in 2022. operational programs.
In this exercise, preliminaries were added for the years 2021 and 2022 regarding the receipt of the annual pre-financing, as well as the reimbursement of the financing of the foreseen execution translated into a financial flow from the Commission to Portugal, which assume a possible possibility of the operational programs still in 2021. But the government itself has already assumed that these children could drag themselves into 2022.
From the Next GenerationEU recovery instrument – known as the European ‘bazooka’ – Portugal should receive €2,732 million in 2022 against €2,908 million in 2021.
On the one hand, the country will receive more funds under the Recovery and Resilience Plan (€2,296 million in 2022 against €1,811 million in 2021) and the Fund for a Fair Transition (€6 million against €1 million this year). On the other hand, as more immediate aid from ReactEU, which has helped Portugal recover from the pandemic in the last year, it is necessary to drop from €1,095 million in 2021 to €430 million in 2022.
It should be noted that the receipt of funds for the Recovery and Resilience Plan is dependent on the fulfillment of milestones and targets agreed with the European Commission.