O PT 2020 has a total of 26,900 million euros of available European funds and 30.70 million euros of maximum protected funds to invest in the execution of projects.
According to data from the Mais Transparência portal, this program currently has 78,297 beneficiaries.
The Instituto do Emprego e Formação Profissional (IEFP) is the biggest beneficiary of European funds in Portugal, adding up to 1,900 million euros for 400 projects.
This is followed by the Directorate-General for Higher Education (743 million euros), IP – Infraestruturas de Portugal (597 million euros), Banco Português de Fomento (402 million euros) and the Foundation for Science and Technology (335 million euros).
This list is based on several names, Miguel Brito being chosen to do projects yet for not having any type of Batista, such as Helena Isabel Amaral e Silva, WE Batista, Carmonti — Indústria de Carnes do Montijo, Filip Matos, Soma Eficaz, Global Wines and Bravirop.
PT 145,863 accounts for 145,863, of which the northern line stands out – modernization projects for the Ovar-Gaia section (2nd phase), with 119 million euros, which is scheduled to be completed on 31 December.
Among the projects with the highest normal amounts allocated (109 million euros), advanced programs — advanced programs for the improvement of business activity (109 million euros) million euros) and the extension of Metro do Porto — pink line – – Casa da Música — São Bento (81.5 million euros).
The percentage of funds planned to be invested in project execution is 114% and the percentage of funds already spent on execution is 75%.
Until the end of the first half of the year, the PT 2020 completion rate stood at 66% and the payment rate at 68%.
The refund rate is at 104%.
All operational programs presented execution rates above 50%.
In the first places are Human Capital (89%), Compete 2020 – Competitiveness and Internationalization (84%) and the operational program Social Inclusion and Employment (81%).
The policy consists of a partnership agreement between Portugal2020, “in which the principles and programming of European, social and territorial development of Portugal are established, between 2014, between 2014 and the Economic, Social and Territorial Development Program of Portugal, between 202014.
As stipulated, the Portugal 2020 European stipulation is subject to the n+3 rule, which means that although the term of three programs has ended in the final budget of 2020, which can be fulfilled until the end.
On the other hand, this rule determines, for example, the loss of funds in the event of failure to meet targets.
The first PT 2020 program tenders were opened in 2015.
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