Lisbon City Council building
The country’s main city councils should be more and more money. There are 25 municipalities with more than 1.16 billion euros of debt – which increased by 146.4 million last year, compared to 2023.
A debt total of the country’s main chambers surpasses 1.16 billion euros.
In an analysis of the 2024 accountability reports of 25 municipalities (which includes the 10 with the largest number of inhabitants and the district capitals, except Setúbal and Viseu), cited by, it is found that 15 increased the total debt compared to 2023.
In the top of the total debt is Lisboawhich went from 269.38 million in 2023 to 321.86 million in 2024. Braga (with 114.58 million), Gaia (85.8 million), Cascais (75.8 million) and Oeiras (70 million).
Aveiro (58.5 million), Guimarães (52 million), Loures (48.87 million), Matosinhos (42 million) and Valongo (38.6 million) close the top-10 of the most indebted municipalities last year.
PRR and delay in hits
As noted by Jornal de Notícias, the investments made in the context of the PRR – Recovery and resilience plan and delay Urban Housing and Rehabilitation Institute (IHRU) in reimbursing the municipalities For the expense made are also Penalize the accounts of some municipalities.
“As we can only approve expense proposals if we have a budgetary heading that supports, we made this loan to launch the works of PRR. If we did not advance the contests, we would not have the interventions ready in time,” he said, to the morning, CARLOS CAREERSmayor of Cascais, underlining the delay of IHRU in reimbursement to the municipality.
On the opposite side, among the most spared municipalities, 10 reduced the liabilities.
Almadawith an expense execution rate of 79%, lowered the total debt by 7.69 million euros to 15.3 million. Also Maia It cut 7.14 million to total indebtedness. VIANA DO CASTELOwith an investment of 17.7 million and an expense execution rate of 70.1%, it stands out to subtract four million to debt, which is now 35.3 million.
Other chambers with “sharp scissors” – as the JN points out – Leiria, Portalegre, Branco Castle, Guard, Bragança e Porto. Also Aveirodespite the above indebtedness, subtracted 3.69 million.
