Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-519-625"
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"en.20110705.34.2-519-625"2
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I support the report on the future of EU budget support to developing countries (). Budget support is currently regarded as the most effective way of achieving the objectives of the Paris Declaration and the Accra Agenda. Between 2003 and 2009, the European Commission provided over EUR 13 billion in budget support. Around 56% of support went to African, Caribbean and Pacific (ACP) countries, 24% to countries involved in the European neighbourhood policy, 8% to Asian countries, 6% to Latin American countries and 5% to South African countries.
The 2006 evaluation of budget support provided to Malawi, Mozambique, Nicaragua, Uganda, Rwanda and Vietnam, which was commissioned by the OECD Development Assistance Committee, states that budget support had a beneficial impact in terms of the efficient use of public funds and the increased potential of governments, particularly in the field of public finance management.
The positive impact of budget support on harmonisation and adaptation is also noted, as well as its positive impact in terms of increased governmental involvement. Despite the fact that it has proved difficult to evaluate the impact of budget support in respect of poverty reduction and the key MDG indicators, countries which receive aid and which are eligible for budget support should demonstrate a sufficient level of responsibility as regards the fight against poverty, macroeconomic management, public finance management and government administration."@en1
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