EU 4 Sustainable Governance and Recilience -Budget Support Contrac

About this project

Contract related to: EU 4 Sustainable Governance and Recilience -Budget Support Contrac - The Action ¿EU 4 Sustainable Governance and Resilience¿ contributes to the overall financial stability and socio-economic welfare of the country, thus supporting resilience against external shocks, such as the pandemic or Russia¿s war of aggression against Ukraine.The EU is a long standing and leading partner of Georgia in the area sustainable governance and public administration reforms. Today, Georgia¿s level in the management of public finances can be considered as having a strong foundation and progressing towards more advanced policy levels ¿ and the role of EU cooperation in this achievement has been underlined by recent evaluations[1]. Core functions of the public finance management system and practices are established and operational. However, constant progress is needed requiring more complex approaches and inclusive policy dialogue. The areas that need improvement are inter alia, budget coverage and credibility, performance information and gender responsive budgeting (GRB), managerial accountability and internal financial control, state owned enterprise management, public investment management, external audit and financial oversight. PFM relates to the governance pillar of the Economic and Investment Plan, but also has a bearing on its economic pillar.Sustainable governance at local level is also a pre-condition for evidence-based measures and longer-term climate impact m…

Goals

Sustainable Development Goals this project works towards

• 5Gender Equality
• 7Affordable and Clean Energy
• 10Reduced Inequalities
• 11Sustainable Cities and Communities
• 13Climate Action

Published by

European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations · Other public sector

Countries

Georgia

Sectors

Public finance management (PFM)Decentralisation and support to subnational governmentFacilitation of orderly, safe, regular and responsible migration and mobility

Focus

Gender equality · Also contributesEnvironment · Also contributesGood governance · Main focusClimate mitigation · Also contributesClimate adaptation · Also contributesDisaster risk reduction · Also contributesDisability inclusion · Also contributes

Places

GE - EU4Culture

Funded by

European Commission

Implemented by

SAKARTVELO* GEORGIE GEORGIA

Accountable

Central Government

Passes funds through

Directorate-General for Neighbourhood and Enlargement Negotiations

Published by European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations to the International Aid Transparency Initiative (IATI), last updated 30 Jan 2025 and imported automatically. IATI identifier: XI-IATI-EC_NEAR-2023-PC-23854.

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