Traduction de «Programme de restriction des dépenses en capital » (Français → Anglais) :

16. Expresses its concern, at a time of serious public budget constraints, about the strong focus placed on private sector investment as a means to leverage more development finance resources; points out that development cooperation is the only external action policy (besides humanitarian aid) which has not been designed to serve EU interests but rather to defend the interests of the most marginalised and vulnerable populations on this planet; therefore, urges the Commission to ensure that any public finance used to support private sector investment in the South is not diverted from already under-funded sectors (as in the ca ...[+++]se of the programmes for non-state actors and local authorities for instance), and that such support will effectively enable the development of the domestic private sector and small and medium enterprises in low-income countries;

16. Expresses its concern, at a time of serious public budget constraints, about the strong focus placed on private sector investment as a means to leverage more development finance resources; points out that development cooperation is the only external action policy (besides humanitarian aid) which has not been designed to serve EU interests but rather to defend the interests of the most marginalised and vulnerable populations on this planet; therefore, urges the Commission to ensure that any public finance used to support private sector investment in the South is not diverted from already under-funded sectors (as in the ca ...[+++]se of the programmes for non-state actors and local authorities for instance), and that such support will effectively enable the development of the domestic private sector and small and medium enterprises in low-income countries;

16. Expresses its concern, at a time of serious public budget constraints, about the strong focus placed on private sector investment as a means to leverage more development finance resources; points out that development cooperation is the only external action policy (besides humanitarian aid) which has not been designed to serve EU interests but rather to defend the interests of the most marginalised and vulnerable populations on this planet; therefore, urges the Commission to ensure that any public finance used to support private sector investment in the South is not diverted from already under-funded sectors (as in the ca ...[+++]se of the programmes for non-state actors and local authorities for instance), and that such support will effectively enable the development of the domestic private sector and small and medium enterprises in low-income countries;

The programme envisages keeping the ratio of revenues and non-interest expenditure-to-GDP constant throughout the programme period at 40% and 37.4% respectively, while allowing for an increase in the capital expenditure share and a corresponding decrease in the share of primary current expenditure.

If they have a capital requirement for $6 million, and they have grants and contributions of $3 million, there would be no program expenditures vote, but rather an operating expenditures vote that would include the expenditures for grants and contributions, and a capital expenditures vote.

For example, if a department plans on spending $100 million next year from a program expenditurs vote, and their capital expenditures are only $3 million and their grants and contributions expenditures are also only $3 million. Neither exceeds $5 million on its own.