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Secretaria Regional das Finanças, Planeamento e Administração Pública
Regional Government reprogrammes RRP and boosts Solenerge funding by 41 million Euros, announces Duarte Freitas
Regional Government reprogrammes RRP and boosts Solenerge funding by 41 million Euros, announces Duarte Freitas
Secretaria Regional das Finanças, Planeamento e Administração Pública
Regional Government stresses that Public Finance Council has confirmed soundness of Region's accounts
Regional Government stresses that Public Finance Council has confirmed soundness of Region's accounts
Secretaria Regional das Finanças, Planeamento e Administração Pública
Regional Government extends deadline for applications to Incentive Scheme for the Digital Transition of Companies in the Azores after surpassing 500 applications
Regional Government extends deadline for applications to Incentive Scheme for the Digital Transition of Companies in the Azores after surpassing 500 applications
January 16, 2025
Regional Government reprogrammes RRP and boosts Solenerge funding by 41 million Euros, announces Duarte Freitas
January 15, 2025
Regional Government stresses that Public Finance Council has confirmed soundness of Region's accounts
January 7, 2025
Regional Government extends deadline for applications to Incentive Scheme for the Digital Transition of Companies in the Azores after surpassing 500 applications
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Regional Directorate for Organisation, Planning and Public Employment
Regional Directorate for Entrepreneurship and Competitiveness
Regional Directorate for the Budget and Treasury
Regional Directorate for Planning and Structural Funds
Regional Administrative Inspectorate
RIAC – Agency for the Modernisation and Quality of Citizen Service, I.P.
Azores Regional Statistics Service
Nota de Imprensa
January 16, 2025
Regional Government reprogrammes RRP and boosts Solenerge funding by 41 million Euros, announces Duarte Freitas
The Regional Secretary for Finance, Planning and Public Administration announced today that the Portuguese State is conducting a reprogramming operation, due to be submitted to the European Commission later this month. This process will make the necessary adjustments to maintain the path towards meeting the Recovery and Resilience Plan (RRP) goals. As far as the Azores are concerned, Duarte Freitas noted that this adjustment requires the reprogramming of 75.6 million Euros to use 100% of the funds available. This reprogramming operation includes the 41 million Euro increase in the available funding for the Solenerge programme, rising from 19 million Euros to 60 million Euros to respond to the measure's success. This reprogramming also provides for an increase of 22 million Euros for the health area: 13.1 million Euros for the construction of new health units in Maia and Livramento, and the improvement of the health centres in Povoação and São Roque do Pico; 4.8 million euros for the purchase of nine ambulances and 95 vehicles for home support; 4.8 million Euros for the improvement of the Azores Health Line. This reprogramming also includes one million Euros to purchase three tanker vehicles and one emergency vehicle, 2.9 million Euros to boost agricultural projects, 4.4 million Euros to increase social responses and 3.6 million Euros for new modules for the research vessel. "Labour shortages, rising costs of materials and labour, and difficulties in public procurement cannot mean that the Region risks losing these funds. For this reason, the Regional Government has presented these reprogramming proposals to the Recovering Portugal Task Force, which will negotiate with the European Commission," stated Duarte Freitas.
January 16, 2025
Regional Government reprogrammes RRP and boosts Solenerge funding by 41 million Euros, announces Duarte Freitas
The Regional Secretary for Finance, Planning and Public Administration announced today that the Portuguese State is conducting a reprogramming operation, due to be submitted to the European Commission later this month. This process will make the necessary adjustments to maintain the path towards meeting the Recovery and Resilience Plan (RRP) goals. As far as the Azores are concerned, Duarte Freitas noted that this adjustment requires the reprogramming of 75.6 million Euros to use 100% of the funds available. This reprogramming operation includes the 41 million Euro increase in the available funding for the Solenerge programme, rising from 19 million Euros to 60 million Euros to respond to the measure's success. This reprogramming also provides for an increase of 22 million Euros for the health area: 13.1 million Euros for the construction of new health units in Maia and Livramento, and the improvement of the health centres in Povoação and São Roque do Pico; 4.8 million euros for the purchase of nine ambulances and 95 vehicles for home support; 4.8 million Euros for the improvement of the Azores Health Line. This reprogramming also includes one million Euros to purchase three tanker vehicles and one emergency vehicle, 2.9 million Euros to boost agricultural projects, 4.4 million Euros to increase social responses and 3.6 million Euros for new modules for the research vessel. "Labour shortages, rising costs of materials and labour, and difficulties in public procurement cannot mean that the Region risks losing these funds. For this reason, the Regional Government has presented these reprogramming proposals to the Recovering Portugal Task Force, which will negotiate with the European Commission," stated Duarte Freitas.
Nota de Imprensa
January 15, 2025
Regional Government stresses that Public Finance Council has confirmed soundness of Region's accounts
The Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas, praised the Public Finance Council's positive assessment regarding the Region's accounts, stressing that this entity confirmed their "soundness" and "credibility." "Our GDP is growing more than the country as a whole and the weight of debt regarding GDP has begun to fall, confirming what we had pointed out," highlighted Duarte Freitas. In 2023, under national accounting, the Regional Administration, including the Azores and Madeira, returned to a balanced budget, stressed the Public Finance Council. As Duarte Freitas emphasised, the data "completely and utterly disproves" the "idea" held by some opposition parties on the subject. The international rating agencies and the Public Finance Council confirm the credibility of public accounts. The Azores and Madeira recorded economic growth above that of the country in 2023, which contributed to their return to a balanced budget, highlighted the Public Finance Council. The debt ratio in the Azores, according to the Maastricht definition, "broke for the first time the upward trend that had been maintained for a decade and a half," dropping 3.5 percentage points to 59.6% of regional GDP. "This improvement was the result of the economic context. It reflected a strong favourable dynamic effect that more than offset the impact of the primary deficit of 2.2% of the regional GDP," stated the Public Finance Council.
January 15, 2025
Regional Government stresses that Public Finance Council has confirmed soundness of Region's accounts
The Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas, praised the Public Finance Council's positive assessment regarding the Region's accounts, stressing that this entity confirmed their "soundness" and "credibility." "Our GDP is growing more than the country as a whole and the weight of debt regarding GDP has begun to fall, confirming what we had pointed out," highlighted Duarte Freitas. In 2023, under national accounting, the Regional Administration, including the Azores and Madeira, returned to a balanced budget, stressed the Public Finance Council. As Duarte Freitas emphasised, the data "completely and utterly disproves" the "idea" held by some opposition parties on the subject. The international rating agencies and the Public Finance Council confirm the credibility of public accounts. The Azores and Madeira recorded economic growth above that of the country in 2023, which contributed to their return to a balanced budget, highlighted the Public Finance Council. The debt ratio in the Azores, according to the Maastricht definition, "broke for the first time the upward trend that had been maintained for a decade and a half," dropping 3.5 percentage points to 59.6% of regional GDP. "This improvement was the result of the economic context. It reflected a strong favourable dynamic effect that more than offset the impact of the primary deficit of 2.2% of the regional GDP," stated the Public Finance Council.