The Environment and Energy area has for the coming year around €2.2 billion, down 3.2% from last year, due to the impact of the PRR, according to the State Budget proposal.
In the State Budget proposal for 2027 (OE2027), presented today, there is a consolidated total expenditure allocation of €2,265.2 million.
However, excluding the effect of expenditure related to the Recovery and Resilience Plan (PRR), the consolidated total expenditure allocation rises to €1,751.5 million, representing a 15.4% increase over the 2026 estimate, the document reads.
In consolidated effective expenditure, the amount rises to €2,235.2 million.
Excluding the PRR-related expenditure, the consolidated effective expenditure allocation rises to €1,721.5 million, exceeding the 2026 estimate without PRR by 17.3%.
Total consolidated revenue for 2027 stands at €2,285.2 million.
In the OE2027, the Government highlights from the total consolidated revenue the current transfers (€660.5 million), of which €503.6 million refers to the Environmental Fund, and the sales of goods and current services (€594.7 million), of which €505.8 million were collected by the Environmental Fund within the framework of auctions of greenhouse gas emission allowances (GHG), carried out under the European Union Emissions Trading System (EU ETS).
“Excluding the amounts related to the PRR, the revenue from current transfers amounts to €146.8 million,” reads the document.
For the consolidated total expenditure allocation (€2,265.2 million), current transfers contribute notably, amounting to €1,720.7 million. Of this amount, note the transfers from the Environmental Fund (€1,623.6 million), with emphasis on those carried out under the PRR (€482.9 million) and the Incentiva +TP Programme.
The Government delivered today to the Assembly of the Republic the State Budget proposal for 2027, ahead of the legally prescribed deadline.
The budget proposal foresees economic growth of 2.3% this year and 2.1% in 2027, with balanced accounts this year and a 0.1% surplus in 2027.
The proposal will be discussed and voted on in plenary between 27 and 28 October. The final global vote is scheduled for 24 November, after the committee stage.
