Management and Control of the Regional Development Programme 2021 – 2027
Management and Control of the Regional Development Programme 2021 – 2027
Author(s): Ivelina Petkova
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Agriculture, Economic policy, Environmental and Energy policy, EU-Approach / EU-Accession / EU-Development, Green Transformation
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: control; regional development program; EU funds; institutional framework; monitoring; expenditure control
Summary/Abstract: The Regional Development Program is a key European Union (EU) policy aimed at reducing regional disparities, fostering economic growth, and ensuring sustainable development in less-developed regions. The program provides substantial financial resources to improve infrastructure, stimulate business activity, and promote social inclusion. A complex institutional framework, involving numerous national and European bodies, ensures the effective and transparent use of these funds. Launching the Regional Development Program during the 2021 – 2027 programming period presented significant challenges. This report examines the program's management and control mechanisms and identifies problematic areas in the preparation of its strategic documents. A crucial aspect of program management is the institutional framework defined within the applicable European regulatory framework. The multi-tiered control framework involves various national and European bodies, with specific functions and responsibilities at European, national, and regional levels. The report also incorporates perspectives from various authors on monitoring and control procedures, informing the development of a conceptual model for managing Structural Funds. Effective control and monitoring, incorporating both internal and external verification mechanisms, are crucial for achieving program objectives and ensuring the efficient use of public funds. Challenges include bureaucratic procedures and inter-institutional coordination. Optimizing procedures and strengthening institutional cooperation are essential for enhancing control effectiveness.
- Page Range: 186-190
- Page Count: 5
- Publication Year: 2024
- Language: English
- Content File-PDF