Macroeconomic analysis and support
The European Commission carries out assessments of macroeconomic conditions in beneficiary countries when it prepares its country strategy papers and indicative programmes.
These macroeconomic assessments are carried out regularly and also built into individual programmes that use budget support as a means of providing aid, for which macroeconomic stability is an important eligibility criterion.
Macroeconomic analysis also informs the European Commission's policy dialogue with all partner countries, as well as the formulation of appropriate responses to external shocks (such as the Vulnerability Flex instrument) and global economic developments.
The Commission works closely with the International Monetary Fund in its work on this area.