15% of RRP funds contracted – PM Costa

  • Lusa
  • 6 August 2021

According to a statement issued by the government, contracts have been signed for 15% of the PPR, amounting to just under €2.5 billion, with other contracts valued at €4.46 billion underway.

Portugal’s prime minister said on Friday that the Recovery and Resilience Plan (RRP) “is a reality that is in action,” stating that 15% of total funds are already contracted, after meeting with the National Monitoring Committee (CNA).

According to a statement issued after the meeting at the Official Residence in São Bento (Lisbon), contracts have been signed for 15% of the PPR, amounting to just under €2.5 billion, with other contracts valued at €4.46 billion underway.

“Overall, 42% of the RRP, corresponding to €6.95 billion, is currently contracted or in the process of being contracted. Ten tenders have been launched, and more than 16,000 applications received,” the statement said.

In a short video published on the government’s official Internet site, António Costa called for the mobilisation of civil society for the implementation and monitoring of the RRP, considering it “essential”.

“It is essential that everyone mobilises: companies, knowledge production centres, the social sector, IPSS [Private Institution of Social Solidarity] and local authorities, to ensure the proper execution of this plan. To ensure that we do not waste a cent and that each cent is properly applied”, pointed out the Prime Minister.

In addition to revealing the contracts already signed, the government recognised aspects to improve the RRP’s effectiveness, efficiency, and impact to speed up its execution, but, above all, that it gives rise to “a real transformation of the country”.

“He identified something absolutely essential: improving the information, the clarification of our economic agents, of our social agents. They must follow the newsletter of the ‘Recuperate Portugal’ Mission team every week. […] The notices that are being opened, the tenders that are being decided, the contracts that are being signed, the opportunities that exist… We cannot miss this unique opportunity to transform Portugal”, warned António Costa.

The prime minister, together with the members of the government that are part of the RRP Interministerial Commission, met today with António Costa e Silva to take stock of the situation and listen to and take note of the recommendations of the National Monitoring Commission.