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Monday 23.10.2017 | Name days: Daina, Dainida, Dainis
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Expert: this is the best time for EU funds

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 When working with 2014-2020 planning documents of European Union funds, it is important to recall past events and make conclusions on how we can improve efficiency of use of EU funds in the future, states Baiba Traidase, advisor in EU fund issues.

She adds that at the moment it is the best time for Latvia to assess amount and quality of completed works and define aims of the next appropriation period.

First, it is important to follow connection between aims and results. Plans should be made with confidence that each selected activity gives a substantial impact on achievements.

When assessing documents of 2007-2013 planning period, there appear several uncertainties. For example, in many cases there is no confidence in the fact that the financing was appropriated for solving of the most crucial problems, and that solving of these problems is included in the national strategy.

Second, when predicting gains of one sector, we shouldn’t forget that they can appear as a result of displacement of another sector. For example, potential increase in railway freights could at least partly cause decrease in land freights. Therefore, in national and macroeconomic view, total transport sector benefit from EU funds could turn out to be less than estimated when planning projects.

Third, more attention should be paid to differences and needs of regions. For example, in order to improve economic development of Latgale, there is a need of good roads, broadband internet and job subsidies, but in Riga there is rather a need for risk capital, emphasizes the expert.

And finally – still there is a question about effective fund administration. In this planning period there has been done a lot to make easier preparation and submission of documents, as well as to improve flow of money. However, in the next period, less institutions, complete information on the internet, unified information service could help to make the system easy, clear and effective for all interested persons, Traidase is sure.

In Europe, more and more often there are negotiations about alternative EU fund impact assessment methods. In Latvia almost every involved institution is carrying out its own surveys with its own aims and tasks. If we joined resources, we could get a more complete assessment of EU fund net impact. The point is not in the fact how many million we will get, but things that we can achieve with those millions. Year 2012 is the best time to think for these things, says the expert.

Ref: 102.110.110.250


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