Examples of using Variable tranches in English and their translations into Slovak
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Colloquial
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Official
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Medicine
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Financial
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Ecclesiastic
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Official/political
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Computer
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Programming
This reduces the incentive effect of variable tranches.
Most variable tranches reviewed contained indicators whose targets struck the right balance between being ambitious
This is one of the reasons why it carried out its retrospective assessment of its experience with variable tranches.
Variable tranches are used to create incentives for partner countries to improve policy delivery,
Whereas project-based aid is disbursed for eligible expenditure, budget support variable tranches are disbursed when partner countries meet the general 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 used for variable tranches can be selected from among the monitoring systems already used by the partner country,
The performance indicators set for the variable tranches of sector budget support(see paragraph 23(a))
the absence of technical assistance, meant that the conditions had only been partially fulfilled for all variable tranches.
of the performance indicators used in variable tranches and the Commission's analysis of payment requests.
EU budget support programmes were increasingly provided over three-year periods with annual fixed tranches subject to compliance with eligibility criteria, and variable tranches linked also to performance against agreed targets on selected outcome indicators,
However, specific conditions related to the performance-based disbursements of variable tranches are often not sufficiently clear in respect of target values for indicators, verification sources
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).
Ū not all pfm-related weaknesses can be addressed in budget support variable tranches but need to be addressed through the pfm general conditions,
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.
ensure that performance indicators of variable tranches measure the results achieved by partner countries in an objective manner.
Variable tranches often paid when conditions were neither met
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, without sufficiently documenting the reasons supporting these payments(see Box 15).
end of 2021 57 An important objective of budget support variable tranches is to produce incentives for partner countries to advance in their reform agendas.
Recommendation 5- Improve the assessments of the countries' capacity to provide performance data used in variable tranches When designing a budget support operation, the Commission should assess the reliability of the performance data,