Financial execution
As of December 2022, the financial execution figures have reached over 95% of the budget in terms of funds committed and over 90% in terms of funds paid out. The reinvestment of the funds received at the end of December 2021, which could not be realized in the same year, began in fiscal year 2022.
The difference in the percentage of funds «awarded» and «paid» is due to the regular operation of the programs, in which the bids and awards for each project are made first (funds awarded), and only once the contracts have been executed are payments made.
