Resilience policy
Introduction
The Recovery, Transformation and Resilience Plan (PRTR), also known as Spain Can, is the plan developed by the Spanish Government of Pedro Sánchez (PSOE) as a proposal to the Von der Leyen Commission for the management of the Next Generation EU (NGEU) European funds in the period 2021-2027 within the framework of the Recovery and Resilience Mechanism (MRR), of which Spain is entitled to 69.5 billion of euros in non-refundable funds, in addition to having access to another €67 billion in loans that it has not yet requested. It is one of the largest public investments that the country has known in its history. The plan has been approved and is already in the implementation process.
Development
Due to the economic and social damage caused by the coronavirus pandemic, at the end of May 2020 the European Commission presented the NGEU recovery plan, with a total value of approximately €750 billion. This Keynesian method of dealing with the pandemic crisis contrasts with the austere way in which Europe faced the 2008 financial crisis.
Spain, which will be the country that receives the most funds after Italy (), was one of the first countries to present a plan, on April 27, 2021, and it will be approved in July. For its development, the Government of Spain has benefited from the CEOE and the consulting firms Deloitte, Ernst & Young, KPMG and PwC. The plan was presented to the Spanish people by President Sánchez on October 7, 2021.[1].
Content
Transverse axles
The PRTR focuses on four issues,[2] which are defined by the Next GenerationEU plan, and which determine where these funds will be allocated:
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- Ecological transition, which aims to reorient the productive sector towards a "greener" economy;
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- Digitalization of the economy, which will affect all sectors (agriculture, education, tourism, etc.) and will include the urgent modernization of the Public Administration websites;