Examples of using Variable tranche in English and their translations into Hungarian
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Colloquial
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Official/political
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Computer
Based on the expert report, the Commission disbursed the variable tranche.
The Guidelines suggest that the number of variable tranche indicators should generally range from 3 to 10.
This can in turn lead to a variety of differentresults being arrived at when calculating the variable tranche amount to be paid.
Before disbursing the variable tranche, verify that the experts have complied with this requirement.
The schools were only finished in 2017 and the variable tranche was paid in December 2017.
The variable tranche system is regarded by the OECD as best practice for limiting the volatility of such aid.
Furthermore, the Commission's assessment of whether variable tranche indicators had been met was not always reliable.
First variable tranche for 2015: transmission and follow-up of the implementation of action plans for the mobilisation of fiscal and customs revenue in 2015.
The Budget Support Guidelines define thecriteria to be applied when defining variable tranche indicators and their process of verification.
In Sierra Leone the variable tranche conditions for 2013 were met before the related Financing Agreement was signed.
They can also be addressed through dialogue and capacity building, hence the importance of notreducing the impact of budget support only to variable tranche indicators.
Furthermore, the Commission's assessment of whether variable tranche indicators had been met was not always reliable, leading to some insufficiently justified payments.
Regular plenary meetings for monitoring the strategy is part of its normal activity,not something that needs to be encouraged though a variable tranche indicator.
However, we found examples where, ina similar situation, the Commission had used the first variable tranche of the budget support contract to ask the partner country to calculate the baseline.
Variable tranche Specific conditions related to variable tranches create incentives for improved performance and may allow partial payments in case indicators are not met in full.
CONCLUSIONS AND RECOMMENDATIONS 54 The Budget Support Guidelines define thecriteria to be applied when defining variable tranche indicators and their process of verification.
By agreement between the government and the Commission, the variable tranche for 2013 included a DRM condition requiring measures which were unenforceable in national law(see Box 4).
The Commission considered that it was sufficient for it to rely on an assessment of Vanuatu's overall progress in public finance management reform(a general eligibility condition) to disburse the variable tranche.
In the Programme, the development of human resourcesis addressed through the general conditions of the BS, variable tranche indicators and through activities of technical assistance components.
When examining these verifications, we carried out a documentary review of the payment files prepared bythe Commission and re-assessed the achievement of targets and the calculation of the variable tranche payments.
The annual variable tranche performance indicators audited are not designed to track this progress. c The Commission considers that these two indicators were relevant as they were contributing to the BS programme objectives.
Timeframe: end of 2021 61 When we re-performed the Commission's assessments regarding the achievement of indicators andthe recalculation of the variable tranche payments, we found discrepancies from the amounts paid by the Commission.
III While the variable tranche performance indicators were aligned to the partner countries' sector development strategies, most of them were focused on short-term actions rather than longer-term results, including progress over time towards the sustainable development goals.
Annex iii AzerbAijAn: sPecific conditions of sector suPPort ProgrAmme for energy reform, second vAriAble instAlment(5 million euro)43 Specific conditions Weight(variable tranche) Available amount(million euro) Actual amount disbursed(million euro) 1.
The problem is aggravated by the fact that the Commission sets its variable tranche performance indicator targets on an annual basis although year-on-year progress in some areas can only realistically be expected in terms of small percentage increases. such small increases are difficult to measure reliably.
Sources of information indicated in FAs are indicative, in as much as delegations and HQ services are mandated by the EU Budget Support guidelines to use all relevant information available to reach a judgementon eligibility, specific conditions, as well as variable tranche indicators.
Box 7 Examples of indicators witheasy-to-achieve targets In contract with Bolivia(contract 9), part of the variable tranche was made conditional upon organising 2 plenary meetings during 2015 by an institution responsible for the implementation of the strategy against drug trafficking.
Observations Relevance of variable tranche indicators weakened by their design 18 We examined whether:(i) the performance indicators are relevant for achieving the budget support contracts' objectives and are aligned with country policies; and(ii) they provide a sound basis for monitoring meaningful results.
Box 2- Example of a quantifiable error in a budget support transaction Incorrect application of the scoring method for a performance-basedvariable tranche The Court examined a performance-based variable tranche of 4181250 euro under the‘Programme d'appui au plan de développement territorial' in Mayotte.
As the reduction of disparities cannot be measured through a variable tranche indicator year on year, the indicator measures provision of services instead: ensuring that patients with two of the most common chronic non-transmissible diseases receive regular treatment is a good functional measurement of the improvement in health service provision in rural areas. d As indicated in the footnote.