Press release – Regional Accounts - Communication

Secretaria Regional das Finanças, Planeamento e Administração Pública

Following the data released today by the National Statistics Institute (INE), the Regional Secretariat for Finance, Planning and Public Administration hereby wishes to emphasise that the information already released by the Government of the Azores in late January regarding the 2025 budget implementation has been confirmed. Additionally, this confirmation includes transactions related to SATA and the health sector, viewed from the perspective of national accounts.

Concerning net debt, the Regional Government only used €70 million of the €75 million allocation provided for in the Regional Budget.

The increase in gross debt was driven by loans taken out by companies within the SATA group, notably those benefiting from the personal guarantee of the Autonomous Region of the Azores, as provided for in the Regional Budget for 2025.

In addition to these two items, the operation to settle overdue payments in the health sector, amounting to €150 million and authorised by the Regional Budget and State Budget, also contributed to the growth in the overall gross debt.