Repayment rate of Portugal 2020 funds at 81% at the end of 2022, says Government – Observer
The repayment rate of funds from Portugal 2020 (PT 2020) reached 81% at the end of 2022, with Portugal in second place in the ‘ranking’ of Member States with similar budgets, announced the Government, citing data from Brussels.
Portugal maintains its good results with regard to the implementation of European funds, compared to its European partners. According to data from the European Commission, at the end of 2022, Portugal presented a reimbursement rate of 81% of the funds of Portugal 2020″, indicated, in a statement, the office of the minister of the Presidency, Mariana Vieira da Silva.
Portugal is thus in second place in the ‘ranking’ (evaluation) of the 15 Member States with budgets above 7,000 million euros, with a rate six percentage points higher than the European average.
Leading the table is Poland (82%) and, after Portugal, the Czech Republic.
At the end of 2022, Portugal 2020 with fuel consumption 87% runningexceeding by €100 million the target set for cohesion policy funds.
The European Commission transferred, in the same year, to Portugal, in the form of pre-financing or reimbursement of expenses, 3,294 million euros.
In 2023, the last year of implementation of Portugal 2020, the follow-up change will be intensified with the beneficiaries, promoting the successful closure of projects, with a view to maximizing results and the total absorption of available European funds”, assured the executive.