Business
Azores ensure full compliance with PRR with investment of 918 million euros
The Regional Government of the Azores has guaranteed full compliance with the Recovery and Resilience Plan, having invested 918 million euros, which is 221 million euros more than initially projected.

On the final day of the material execution deadline for the Recovery and Resilience Plan (PRR), the Regional Government of the Azores confirmed that all established milestones have been met. The region reported a total of 918 million euros invested in the plan.
According to sources from the Regional Government, the investment exceeded the initially projected amount by 221 million euros. This result highlights the region's commitment to executing the PRR, which aims to promote economic recovery and resilience in the face of future challenges.
The 918 million euros encompass various areas of intervention, though specific details regarding the projects and milestones have not been disclosed in depth.

The acquisition of funds aimed to boost regional development, promoting improvements in infrastructure and social services, among other areas.
Full compliance with the PRR milestones is seen as a significant step for the Azores, positioning the region favorably in terms of investment and development.
With the completion of the material execution deadline, the Regional Government expressed its satisfaction with the trajectory of the PRR's implementation, which can now proceed to the next phase of evaluation and execution of the projects.