Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-522-000"
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"en.20110705.34.2-522-000"2
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"I am in favour of budget support, because it increases the resources of recipient countries and therefore enables them to implement their own budgets in accordance with their own procedures and, most importantly, their own policy choices. Budget support strengthens governance, as it places the debate and the dialogue upstream, at the level of the Member State and its sovereign functions in particular. It increases the coherence of the national budget and, most importantly, it makes the Member States accountable for the priorities and the targets they set. It enables each country to attain full ownership of its own development.
Under the Tenth European Development Fund (EDF), budget support increased from 25% to almost 50% of the aid allocated to African, Caribbean and Pacific States (ACP). With regard to those who distrust this type of aid, I would remind them that budget support cannot be implemented in all countries and under any circumstance.
The eligibility criteria are precise and they are assessed before a budget support programme is finalised, while it is being implemented, and, more importantly, whenever a disbursement is made. There is an early warning system in place to identify any slippage. In the event of abuse or fraud, the Member State concerned will have to repay any money the disbursement of which has been found to involve irregularities."@en1
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