Consultation
Green Paper on the Future of EU Budget Support to third countries
| Title | |||||||||
| Green Paper on the Future of EU Budget Support to third countries | |||||||||
| Policy activity | |||||||||
| Development | |||||||||
| Target group(s) | |||||||||
| We welcome contributions from all citizens, public authorities and stakeholders in Europe and third countries: Member States, EU institutions, national, regional and local authorities, intergovernmental and non-governmental organisations, international financing institutions, academia, social partners and civil society organisations. | |||||||||
| Period of consultation | |||||||||
| 19/10/2010 - 31/01/2011 | |||||||||
| Objective | |||||||||
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Budget support is an aid delivery instruments that is increasingly prominent in EU cooperation with third countries. It is the transfer of financial resources of an external financing agency to the National Treasury of a partner country, following the respect by the latter of agreed conditions for payment. It is seen as a means of fostering partner countries' ownership of development policies and reform processes, strengthening national accountability institutions and systems, and facilitating growth, poverty reduction and the achievement of development objectives. Over the period 2003-2009, the European Commission made budget support commitments totalling over € 13b n (about 25 % of all commitments in this period). About 56 % of commitments were made in Africa, Caribbean and Pacific (ACP) countries, 24 % in neighbourhood countries, 8 % in Asia, 6 % in Latin America and 5 % in South Africa. However, questions about the quality, value for money and impact of budget support are increasingly being raised by a range of stakeholders, including the European Court of Auditors, European and national Parliaments and civil society. These need to be answered as the Commission works to improve its approach to budget support. Key issues include i) political governance and the role of political dialogue; ii) the role of policy dialogue, role of conditionality, and links to performance and results; iii) domestic and mutual accountability; iv) programming of budget support and its coherence with other instruments; v) strengthening risk assessment and dealing with fraud and corruption; vi) budget support in situations of fragility; and vii) growth, fiscal policy and mobilisation of domestic revenues. The objective of this Green Paper is to identify opportunities and challenges, to raise specific questions on how these opportunities can be exploited and challenges addressed, and to collect views and evidence that will improve our approach to budget support. |
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| How to submit your contribution | |||||||||
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We welcome contributions from citizens, organisations and public authorities.
Received contributions will be published on the Internet. It is important to read the specific privacy statement attached to this consultation for information on how your personal data and contribution will be dealt with. We advise contributors to review comments and contributions already provided in order to avoid unnecessary duplications.In order to submit your contribution, you will be requested to register by introducing some information allowing us to know who you are and how to contact you. Moreover, this will allow you to access any time your own contribution in order to modify/suppress it. It is important for us to be able if need be to contact the contributors to continue the dialog or ask for complementary information. We welcome contributions from citizens and organisations. Received contributions will be published on the Internet. See the specific privacy statement attached to this consultation for information on how your personal data and contribution will be dealt with. |
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| View the consultation document | |||||||||
Green paper on the the future of EU budget support to third countries                        |
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| Reference documents | |||||||||
| Green paper on the the future of EU budget - background documents | |||||||||
| View the contributions | |||||||||
| In the interest of transparency, t he contributors have been invited TO provide the PUBLIC WITH relevant information about themselves BY registering. Read the contributions |
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| Results | |||||||||
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Report on the Key Results of the Stakeholders' Consultation |
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| Contacts | |||||||||
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| Protection of personal data | Specific privacy statement |