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Feed/DEC2004/2049(DEC)Finance & Budget

2003 discharge: 6th, 7th, 8th and 9th European Development Funds

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 256mo ago
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This procedure concerns the 'discharge' process, which is the final approval of how the EU budget was spent. Specifically, it examines the financial management and spending of the sixth, seventh, eighth, and ninth European Development Funds for the 2003 financial year to ensure funds were used correctly.

This affects the administration of EU overseas aid and development projects. It ensures that taxpayers' money intended for global development is accounted for and managed according to EU rules.