On 27 March, ActionAid International (EU Office) held a roundtable on budget support which gathered participants from the EC (Directorate-General Development) and from a panel of Europe-based CSOs. There was an interesting and lively discussion focused on the issues and concerns arising of the increasing use of budget support. This proved the need to increase mutual understanding and develop further expertise on this area.
The discussions focused on the concept of the MDG contract, the interrelation between the EC as a donor and the International Monetary Fund, the conditionality generated by the EC Governance Initiative and especially the incentive tranche mechanism, as well as on the need for achieving democratic accountability and the challenge this entails in terms of capacities of the various local stakeholders, non-state actors in particular.
Eager to help shape the debate at the EU level, participants appreciated this WECA roundtable as an opportunity for exchanging viewpoints on an area generating a great deal of interest amongst stakeholders.
List of participants: .doc|.pdf
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