Performance-based Instruments: How could their design be improved?
Abstract
The expanded use of performance-based instruments, notably as used in the Recovery and Resilience Facility, requires adaptation of budgetary control. This study examines how key changes, such as financing not linked to costs and the use of milestones and targets to trigger disbursement alter budgetary control, The study also puts forward recommendations for the CONT committee of the European Parliament to consider in influencing negotiations on the next MFF.
This document was requested by the European Parliament's Committee on Budgetary Control.
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