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Funding Absorption Profile for EU Funds in the Programming Period 2007-2013. Dace Grūberte Deputy Director of the EU Funds Strategy Department 20 June 2008. Tasks of the EU Funds Absorption Profile.

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funding absorption profile for eu funds in the programming period 2007 2013

Funding Absorption Profile for EU Funds in the Programming Period 2007-2013

Dace Grūberte

Deputy Director of the

EU Funds Strategy Department

20 June 2008

tasks of the eu funds absorption profile
Tasks of the EU Funds Absorption Profile
  • Profile of EU funds absorption as a tool for setting objectives to monitor financial progress in EU funds activities
  • Objectives of financial progress regarding implementation of activities/sub-activities are set and financial progress in implementation of activities/sub-activities is being monitored
4 elements of the eu funds absorption profile
4 elements of the EU Funds Absorption Profile
  • Financing from EU funds regarding which commitments have been taken on
  • Disbursements made to beneficiary (or state budget)
  • Funding declared to the European Commission
  • Revenues of the EU funds in the state budget

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  • State budget expenditure
next steps
Next Steps

Managing Authority will prepare breakdown of financial absorption indicators of the funding absorption profile under the EU funds by:

  • Responsible Authorities
  • Activities/Sub-activities
  • Objectives on an annual and semi-annual basis
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