The National Commission for the Monitoring of the Recovery and Resilience Plan (CNA-PRR) warns that there is a risk of losing European funds, recommending that the feasibility of investments be reviewed within the established timeframe.
In the latest monitoring report of the PDP, covering the first half of 2024, the Commission stresses that “a critical assessment of the various investments highlights the difficulties in implementing some of them, which could jeopardise completion within the timeframes defined by the PDP, namely in the field of transport, water management or even in the social sector, especially in housing construction.”
“This could jeopardize the achievement of certain milestones and targets and result in subsequent loss of PRR funds,” CNA-PRR concludes.
Therefore, the organization headed by Pedro Dominguinhos recommends paying “special attention and rapid analysis so that investments can be made.”
In addition, CNA-PRR also emphasizes that “the ongoing assessment in this report shows that some investments will have difficulty being completed within the timeframes set out in the signed contracts.”
A consequence of this situation is also “uncertainty about the implementation of some investments, especially on the part of companies.”
In the report, CNA found that 39% of PRR investments and measures were in a “warning” or “critical” status, an increase from the same period last year when only 26% were classified this way.
Author: Lusa
Source: CM Jornal
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