MEPs to debate the 2007 budget discharge

Published: 20 May 2009 y., Wednesday

Pinigai
Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously. Its job is to make sure taxpayers' money has been used well and to call for improvements where they are needed. On Tuesday, MEPs will debate in Strasbourg whether to grant discharge for the 2007 budget. The Budgetary Control Committee said there were clear improvements in the EU budget spending.

The debate on the report concerning the Council will take exceptionally place on Wednesday in the presence of Council representatives. A vote will be held Thursday and you can watch all the debates live here online.
 
The Budgetary Control Committee voted on 16 March to postpone granting discharge in two cases, the budgets administered by the Council and police college. In the first case because of concerns that some of this expenditure was not purely administrative but also used for foreign and defence policy and thus should be subject to sufficient parliamentary scrutiny.
 
Criticisms and recommendations
 
On the wider EU budget a series of reports which will be debated today found:
 
  • High levels of error concerning agriculture payments with 20% of payments containing contain errors. ("Errors" can cover everything from a wrong form filled in to fraud). As over 80% of all EU expenditure is administered by member states the Parliament wants governments to sign off these budgets as well.
  • Problems with the structural funds with at least 11% not being properly reimbursed.
  • That the European Court of Auditors had not been able to issue a "Declaration of Assurance" - certifying that error levels in the budgetary management chain were under acceptable thresholds - for the 14th consecutive year.
 
However, on the overall quality of EU expenditure recommends giving discharge to the rest of the European institutions and agencies.
 
The Budgetary Control Committee - which adopted the measures on 16 March - called for the following improvements:
 
  • That the Commission simplify procedures as a large number of errors are caused by complicated and unclear legal requirements.
  • National governments improve their budgetary control systems.
  • EU members co-operate better in checking spending and recovering incorrectly spent funds as over 80% of EU expenditure is administered by the member states.
 
What's the discharge?
 
The Parliament is empowered by the treaties to give the budget "discharge" (to verify the accuracy of the budgetary management) to the EU institutions and bodies for the execution of the EU budget. The discharge closes the life of an annual budget. The Parliament bases its decision on recommendations from the Council and the annual report from the European Court of Auditors.

Šaltinis: europarl.europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EU to hold top-level discussion on economic situation

On 11 February, heads of state or government of European Union member states will meet in Brussels to seek a commitment towards implementing a revitalised economic strategy to boost employment and growth in the EU. more »

IMF Sees Growth in Lithuania in 2010-2011

International Monetary Fund forecasts that Lithuania’s economy will grow 1.6 % this year, making it “the only one of the three Baltic economies expected to be in the positive territory in 2010”. more »

Ryanair to Open Its 1st Central European Base in Kaunas

Raynair announced it would open its 40th and 1st Central European base at Kaunas, Lithuania’s second largest city, in May with 2 based aircraft and 18 routes. more »

A new strategy to strengthen World Bank partnership with the Kingdom of Morocco

A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank. more »

Sebastián: “The electric car is an opportunity for European industry”

The electric car is an opportunity for European industry. more »

EBRD launches new strategy for Kazakhstan

The EBRD’s Board of Directors has adopted a new strategy for Kazakhstan, which reinforces the Bank’s commitment to further support the Kazakh economy and sets out the priorities for its activities in the country over the next three years. more »

State aid: Commission approves Swedish State guarantee for Saab

The European Commission has authorised, under EU state aid rules, plans notified by Sweden to provide a guarantee that would enable Saab Automobile AB to access a loan from the European Investment Bank (EIB). more »

The EU wants to showcase the commitment of science to economic recovery

At the informal meeting of the Ministers of Competitiveness (Science and Industry), to be held between 7 and 9 February in San Sebastian, the issues on the table will include placing science at the top of the EU agenda and showcasing its role in economic recovery, as well taking the debate on the electric vehicle to EU level. more »

IMF Executive Board Approves US$1.27 Billion Stand-By Arrangement with Jamaica

The Executive Board of the International Monetary Fund (IMF) today approved a 27-month Stand-By Arrangement with Jamaica in the amount of SDR 820.5 million (about US$1.27 billion) to support the country’s economic reforms and help it cope with the consequences of the global downturn. more »

Statement of an IMF Staff Mission to the Kyrgyz Republic

Mr. Nadeem Ilahi, chief of an International Monetary Fund (IMF) staff mission to the Kyrgyz Republic, issued the following statement today in Bishkek. more »