State budget will increase science and technology investment to 616.5 million – Business

State budget will increase science and technology investment to 616.5 million - Business



Next year the investment in science and technology will grow 11.5% to 616.5 million euros, reveals the proposal of the State Budget for 2019 (OE2019) released by the Ministry of Guardianship.

The data were released by the Ministry of Science, Technology and Higher Education, and show that in 2019 the Foundation for Science and Technology (FCT) will have an initial investment allocation of 616.5 million euros, which represents an increase of 11.5% over the initial appropriations of 2018, writes Lusa.

The Foundation is dependent on the ministry and is the main entity that funds research in Portugal.

The increase is mainly due to a growth in the share of scientific employment, which rose by 27.3% to EUR 140.9 million and research and innovation projects, which increased by 15.1% to EUR 145.1 million.

According to the Ministry, these appropriations allow to support the hiring of doctoral researchers, that the Government has set a target of 5,000 until 2019, and to guarantee the financing of the research projects underway and the payment of 1,600 contracts of work of scientists in the scope of the competition of projects of 2017, but whose final results were known in June of 2018.

At lower percentages, there is also an increase in appropriations for laboratories under evaluation, which rose by 7.6% to 138 million euros and to international cooperation, which increased by 7.1% to 57.2 million euros.

For advanced training, in particular for doctoral fellowships, the FCT budget allocates € 114.5 million, an increase of 0.5% over the initial 2018 allocation to guarantee the payment of around 1,600 new grants.

As for scientific computing and open access to scientific content, 20.6 million euros are involved, a drop of 0.1%, but which, according to the Ministry of Science, Technology and Higher Education, covers the installation of Advanced Computing Iberian Network.

The OE2019 Law proposal, approved by the Government on Saturday, was delivered last night in Parliament, where it will be discussed and voted on generally on October 29 and 30. The global final vote is scheduled for November 29



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