Today, the European Affairs Committee, the Finance Committee and the State Budget Control Select Committee of the Riigikogu will receive an overview of the 2014 report of the European Court of Auditors (ECA).
ECA report concluded that the EU accounts are in good order; however, the legality of transfers is still causing problems.
According to Kersti Kaljulaid, the member of the ECA who will present the report, the European Commission is working on making the implementation of the budget more results oriented. “Among other things, the ECA reviewed the results of agricultural policy and cohesion instruments, concluding that the project funds are not always used for the intended purpose. This is most probably caused by the pressure to use the budget funds to the fullest, and the projects also often turn out unreasonably expensive,” Kaljulaid said.
The Chairman of the European Union Affairs Committee Kalle Palling sees these annual presentations of the ECA reports as necessary for a better overall understanding of the pan-European processes. “The audits of the State Audit Office alone cannot give us the broader perspective we need in planning the EU funds. This perspective will help us make corrections when needed, improve planning, and monitor the use of public funds efficiently,” Palling said.
The function of the European Court of Auditors is to check the implementation of the EU budget, to monitor the legality of the use of EU funds and the benefits arising from this, and to give the European Commission recommendations on improving the financial management of the EU.
The public sitting will start at the Conference Hall of the Riigikogu at 1 p.m. and will be broadcast live online at the Riigikogu website.
After the sitting, at around 2.30 p.m., the journalists will have the opportunity to conduct interviews.
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