| Author (Corporate) | European Court of Auditors |
|---|---|
| Publisher | Publications Office of the European Union |
| Series Title | ECA Special Reports |
| Series Details | 26/2023, Number 26 |
| Publication Date | October 2023 |
| ISBN | 978-92-849-1090-8 |
| ISSN | 1977-5679 |
| EC | QJ-AB-23-026-EN-Q |
| Content Type | Report |
Summary:The Recovery and Resilience Facility (RRF), amounting to €723 billion, was set up in response to the COVID-19 pandemic. We audited the RRF’s performance monitoring framework and concluded that it measures implementation progress but only partly the RRF’s performance. Milestones and targets and common indicators contribute to measuring progress but focus on output rather than results and do not fully cover all aspects of the RRF’s performance. The RRF scoreboard is user-friendly but affected by data quality and transparency issues. The early RRF reports mostly complied with the reporting obligations but the information on performance was limited. We recommend that the Commission improves the quality of RRF reporting and addresses the shortcomings regarding performance monitoring in future instruments based on financing not linked costs. |
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| Source Link |
Link to Main Source
https://www.eca.europa.eu/en/publications/SR-2023-26
Alternative sources
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| Subject Categories | Business and Industry, Culture, Education and Research, Economic and Financial Affairs |
| Subject Tags | Recovery and Resilience Plan |
| International Organisations | European Union [EU] |
