Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-524-500"
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"en.20110705.34.2-524-500"2
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"The role of the EU as the world’s second-largest donor of development aid takes on numerous forms. Budget support is one method and it is carried out by transferring financial resources from an external body directly to the public accounts of a third country. Budget support reinforces concepts of ownership and partnership, as it imposes more responsibility on third countries for the commitments they have made and for increasing mutual cooperation on achieving the objectives of the policies and strategies they have set out. On the one hand, this method also enables greater coordination between donor countries and increased harmonisation of procedures. It is clear from a number of reports and Commission assessments that budget support has an effect on the development of the countries in question. However, there is a need to clarify eligibility criteria, which differ between beneficiary countries, to promote the participatory development of civil society in monitoring expenditure and the impact of this method, and to reinforce coordination between Member States’ bilateral aid and between the EU and international organisations. The cross-cutting nature of the problems makes increased consistency between the various development aid policies necessary, readjusted on a case-by-case basis in line with each country’s specific characteristics."@en1
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