Regional Government honours commitment to businesses - Communication

Secretaria Regional das Finanças, Planeamento e Administração Pública

The Government of the Azores, through the Regional Secretariat for Finance, Planning and Public Administration, has assured Azorean entrepreneurs of its commitment to the timely payment of support under the Employment Maintenance Programme (PME-I and PME-II), the Market Access Programme (AM) and the Support Programme for the Catering and Hospitality Sector (PARH), amongst others.

The commitment made to business associations stipulates that support applied for in each quarter must be paid by the end of the following quarter.

In this regard, the Regional Government of the Azores has once again complied with the agreed schedule, injecting more than €6 million into the business sector by June 30.

“We have established a clear and predictable schedule for Azorean businesses, and we are meeting it,” stated the Regional Secretary for Finance, Planning and Public Administration, Duarte Freitas.

Duarte Freitas also assured that the Azorean Government will continue to work in close coordination with business associations, consultants and entrepreneurs, maintaining closer ties and providing ongoing support to respond more effectively to the needs of the regional business community.

The Government of the Azores reiterates its determination to continue supporting regional businesses, acknowledging their vital role in the archipelago's economic and social development.