Budget Support : Trends and Results 2018

Budget support is central to the international cooperation policy of the European Union. It provides a platform for policy dialogue with partner countries. It contributes to strengthening country systems and budget processes to deliver these policies. It offers additional fiscal space to implement the necessary actions or reforms, while rewarding performance when results are met. It promotes the fundamental values of the European Union, including transparency and the involvement of civil society. It also fulfils the principles of development effectiveness. EU budget support is implemented in 90 countries or territories around the world, through 270 budget support contracts amounting to a portfolio of EUR 12.7 billion. Partner countries received a total of EUR 1.8 billion of financial assistance in 2017 through EU budget support. The EU is by far the largest grant budget support pro-vider globally (70 % of the total).