Pnrr, where are we in Italy?

Pnrr, where are we in Italy? This is a very topical question given the nervousness of Minister Raffaele Fitto after the Court of Auditors' report and the words of his government colleague Giancarlo Giorgetti, head of the Ministry of Economy.
“In Italy we took on a mountain of debt to create the Pnrr – declared Giancarlo Giorgetti during the convention of the European Identity and Democracy group organized by the League in Rome – Nice thing, but suffocated by a deadly mix of Italian and European bureaucracy.
Can we untie these knots or not? Or is Europe just capable of producing mountains of rules that stifle the entrepreneurial spirit?”.
Previously it was the Court of Auditors that highlighted cuts to healthcare for 1.2 billion with the revision of the Pnrr, with the minister Raffaele Fitto – who has the management of the Recovery in his belly – who with a note made known his "irritation ” for this memory.
But what is the true state of Italy's Pnrr? Our National Recovery and Resilience Plan has a total value of 194.4 billion – 68.9 billion in non-repayable funds and the remainder financed through loans – to which 30.6 billion in national resources must be added.
Delays so far are being recorded in all the countries of the European Union, but Italy is a sort of special observation for two reasons: our Pnrr is the most consistent of all and our public debt situation does not allow us to fail the incredible opportunity of Recovery.
do you also read Pnrr? In Europe no one wants it anymore Pnrr: the situation in Italy The Pnrr developed by Italy – the plan was started by the Conte government and then completed by the Draghi government – is divided into seven large areas to which the Plan's funds have been assigned national recovery and resilience program and additional resources.
Digitalisation, innovation, competitiveness, culture and tourism – 41.34 billion + 8.74 billion in additional resources Green revolution and ecological transition – 55.52 billion + 9.17 billion in additional resources Infrastructure for sustainable mobility – 23.74 billion + 6.06 billion of additional resources Education and research – 30.09 billion + 1.5 billion of additional resources Inclusion and cohesion – 16.92 billion + 2.77 billion of additional resources Health – 15.62 billion + 2.39 billion of additional resources RePowerEU – 11.18 billion In August 2023, Italy presented a plan to review the Pnrr, with the modifications which were then accepted by the European Union.
Let's see in detail the instalments, deadlines, objectives and changes to our National Recovery and Resilience Plan.
According to this timetable, at this moment Italy should have already collected five installments of the Pnrr – for a total of 112.5 billion including the 24.9 billion of pre-financing -, with the sixth arriving at the end of June.
At the end of December, Italy received the fourth installment of the Pnrr from Brussels, for a total of 102 billion euros so far given by the European Union.
Last January, however, our government requested the fifth instalment, the first in the EU as Minister Fitto underlined.
Pnrr: how much money has Italy spent so far? Italy is thus one installment late, but in this regard we are the best placed among the member states that have joined the Next Generation EU.
What is worrying, however, is the little money spent so far compared to what has arrived from Brussels.
In fact, at the end of 2023, Italy managed to spend 45.65 billion euros of the Pnrr, less than half of what was collected.
“The expenditure carried out in 2023 was 21.1 billion euros – we read in the draft of the fourth half-yearly report on the state of implementation of the Plan presented by the government -, a value slightly lower than what was recorded cumulatively in the two-year period 2021-2022”.
According to an analysis carried out by Openpolis, in 2023 "we spent around 2.5 billion euros of PNRRS funds, this is just 7.4% of the total resources initially programmed".
In conclusion, Italy is a few months behind in disbursing the Pnrr installments, but according to the minister we are the first to have requested the fifth instalment.
However, the little money spent so far is worrying, a sign of how the government is having problems implementing the various projects that have already been financed.