“Portugal 2020 reached a commitment rate of 112% and an execution rate of 100% at the end of March 2024”, the document reads.
Expenditure incurred increased, in the first three months of the year, by 715 million euros.
By program, Compete 2020 (109%), Human Capital (106%), Lisbon 2020 (104%) and Madeira 14-20 (103%) stand out.
This is followed by the programs Sustainability and Efficiency in the Use of Resources (102%), Alentejo 2020 (102%), Social Inclusion and Employment (101%), Algarve 2020 (100%), Technical Assistance 2020 (100%) and Mar 2020 (100%). Then come Centro 2020 (99%), Azores 2020 (99%) and Norte 2020 (98%).
At the bottom of the table are the rural development programs of the Mainland (90%), the Azores (85%) and Madeira (79%).
PT2020 consists of a partnership agreement between Portugal and the European Commission, “in which the principles and programming priorities for Portugal’s economic, social and territorial development policy are established, between 2014 and 2020”.
The first competitions for the PT2020 program were opened in 2015.
The program is covered by the n+3 rule, which means that, despite its validity ending in 2020, three more years are given for its implementation.
December 31, 2023 was the deadline for promoters to carry out and pay expenses, but not the end of the program.
Until the end of July 2024, beneficiaries can submit reimbursement requests to the management authorities of the respective programs.
In turn, the managing authorities carry out checks, validate and pay expenses, while the certification authority analyzes and formalizes the last payment request for operational programs.
Next, until February 15, 2025, the presentation of the closing documents, which includes the final execution report.
By the end of May of the same year, the European Commission must approve the closing documents.
