Only 5% of Portugal's Recovery and Resilience Plan Investments Completed: A Deep Dive into the Delays
Público2 months ago
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Only 5% of Portugal's Recovery and Resilience Plan Investments Completed: A Deep Dive into the Delays

Economy
prr
recovery
economy
investments
portugal
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Summary:

  • 5% of PRR investments completed with two and a half years remaining

  • Bureaucracy and lack of resources cited as major issues

  • Nine key investments in a critical state

  • Local authorities unaware of ongoing projects

  • Concerns over transparency and communication

Overview of the PRR's Current Status

As of two and a half years before its deadline, only 5% of the investments from Portugal's Recovery and Resilience Plan (PRR) have been completed. This alarming statistic was revealed by the National Monitoring Commission (CNA) in their latest assessment report.

Report Highlights

The report indicates that the completion level is "in line" with expectations. However, several issues are causing significant delays:

  • Bureaucratic hurdles
  • Unlaunched competitions
  • Lack of necessary platforms
  • Insufficient human resources

These factors have left nine key investments in a critical state, particularly in the areas of health and culture.

Local Authorities Left in the Dark

Additionally, many local mayors are reportedly unaware of the ongoing projects in their municipalities, underscoring a lack of effective communication and transparency. Concerns have also been raised regarding the insufficient information available on the Mais Transparência portal.

Image of Pedro Dominguinhos, President of the National Monitoring Commission

Key Takeaways

The CNA's report paints a concerning picture of the PRR's progress, highlighting the need for improved management and communication to ensure the success of these critical investments for Portugal's recovery.

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