Repayment rate of Portugal 2020 funds at 81% at the end of 2022 – Society – RTP Madeira
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 was 87% completed, exceeding the stabilized target for cohesion policy funds by €100 million.
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.
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