Spain | Monitoring the Recovery Plan. 2021–2024

Summary

The execution of grants and public tenders under the Recovery, Transformation and Resilience Plan has reached 58% of the planned investments, equivalent to 2.9% of GDP. It is estimated that over 1,100,000 beneficiaries—mainly SMEs and individuals—have already received support.

Key points

• Key points:
• From the beginning of the Plan through the end of 2024, public contracts and grants worth €46.243 billion are expected to have been awarded. Recent data shows a slowdown in the execution pace of both public tenders and grants.
• SMEs and microenterprises represent 46% of all beneficiaries and have received 35% of the total allocated funding.
• Funds are being distributed across the entire territory, with a relative focus on regions with lower per capita income.
• • While the Plan is progressing, the current pace is not sufficient to complete all planned investments. Reaching 100% of the committed funding would require a 29% acceleration in the execution rate, up to €1.5 billion per month.

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