Portugal Cuts Investment to Combat Housing Crisis by 63.5%
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The Government's planned investment in structural projects to combat the housing crisis is expected to decrease by 63.5% in 2027, from EUR 2,905 million in 2026 to EUR 1,061 million, according to the State Budget proposal for 2027. The programme Construcir Portugal, presented by the Prime Minister, Luis Montenegro, in May 2024, in Porto, with a global investment announced of about EUR 7,5 billion by the end of the legislature. The planned reduct…
The planned public investment for housing should be reduced by 63% in 2027, after the end of the financing of the Recovery and Resilience Plan (PRR). The breakdown arises at a time when access to the house continues to be a difficulty for many families. The content Government investment in housing falls 63% in 2027 with the end of European funds appears first in Folha Nacional.
The name of the program leaves no doubt: "Build Portugal: mobilisation of everyone to overcome the housing crisis". However, the government plans to invest less than 63% in this package in 2027, according to the state budget proposal for 2027 (OE2027).
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