Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-04-21-Speech-3-201"

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"en.20040421.8.3-201"2
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". The fine results achieved by the sixth, seventh and eighth European Development Funds (EDF) should encourage us to pursue this crucially important aspect of the European Union’s action: providing real solidarity with the most disadvantaged parts of the world, by supporting macroeconomic or sectoral reforms. I welcome the suggestion that the ACP (African, Caribbean, Pacific) States in particular should agree to introduce a multi-annual programme for creating and/or strengthening a Supreme Audit Institution before budgetary support can be granted. The credibility and efficiency of the EDF depends largely on the transparency of these funds and on evidence, upstream and downstream, that they are being used appropriately. Furthermore, this will enable a more reliable comparison to be made with the EU’s own financial perspective. Lastly, I agree with the assessment of the Committee on Budgetary Control, highlighting the fact that, apart from the political significance of budgetisation, considerable advantages related to budgetary management can be achieved by integrating the EDF in the general budget of the European Union; for example, more efficient implementation due to the possibility of harmonising existing procedures, greater level of flexibility in implementation, a higher level of transparency concerning total Community aid and avoiding the current complications of transitional measures between EDFs. I voted in favour."@en1

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