Examples of using Variable tranches in English and their translations into Bulgarian
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Colloquial
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Medicine
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Ecclesiastic
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Ecclesiastic
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Computer
Recommendation 4- Simplify the disbursement process for variable tranches The Commission accepts the recommendation.
Fixed tranches are linked to the fulfilment of general conditions and variable tranches are additionally linked to progress against specific indicators.
V The disbursement requests for variable tranches contain an analysis on the fulfilment of agreed conditions
EN EN A total of Ű147 million was paid for the programmes audited of which Ű140 million for the BS component(including Ű88 million of variable tranches payments).
The performance indicators set for the variable tranches of sector budget support(see paragraph 23(a))
Additionally, €26.3 million for three variable tranches were paid to Moldova without sufficiently documenting the reasons supporting these payments(see paragraphs 47 to 53).
Recommendation 1- Increase the use of outcome indicators in variable tranches The Commission should increase the proportion of variable tranches that are paid based on the achievement of outcome indicators.
The fact that, in the programmes with several variable tranches, the second tranche generally had a lower fulfilment rate than the first one also reflected the lack of momentum in the reform process.
while the amount of variable tranches will be proportional to the performance against some specific indicators.
Recommendation 4- Simplify the disbursement process for variable tranches The Commission should:
helping the government to achieve the performance indicator targets linked to the variable tranches of the GBS programme.
EuropeAid should ensure that the specific conditions for performance-based variable tranches clearly specify the indicators, targets,
FAC indicators for the disbursement of the variable tranches.
While the indicators for disbursing the variable tranches are only one element,
The specific conditions attached to the variable tranches of gbs programmes are also generally relevant as they are aligned with the national development priorities of the partner country(see Box 4).
ensure that performance indicators of variable tranches measure the results achieved by partner countries in an objective manner.
Budget support data quality The proposed audit aims at assessing whether the performance data used by the Commission to disburse variable tranches of budget support is reliable,
Insufficiently documented payments to Moldova 53 Although not linked directly to the verification of performance indicators we found that the Commission had paid three variable tranches to Moldova, a total amount of €26.3 million,
October 2017, the Commission decided to postpone the payment of several variable tranches and stated that“the timing of the payment would be clarified taking into account the respect of effective democratic mechanisms,
Variable tranches often paid when conditions were neither met