The Autonomous Region of Madeira will receive €308.6 million in transfers from the State Budget for 2027. This represents an increase of €14.3 million compared to the current year, according to the Government's proposal submitted to Parliament.
The allocated amount includes an extraordinary transfer of €79.9 million from the Cohesion Fund. Additionally, €228.7 million will be transferred under Article 48 of the Law on the Finances of the Autonomous Regions (budgetary transfers).
Madeira's Regional Government President, Miguel Albuquerque, stated that the budget proposal fulfills agreements made in previous meetings with the Prime Minister and Minister of Finance. Albuquerque also highlighted an "extraordinary allocation" for health expenses amounting to €81 million, €7 million more than the previous year.
