The main advantages to be drawn from budgetisation are: (i) Legitimacy EDF would be submitted to political control of the European Parliament; (ii) Efficiency instead of two parallel systems (EU budget and EDF) one set of administrative rules and decision making structures would apply; (iii) transparency With one budget covering all external aid expenditures public will more easily get a global picture of EC expenditure on development policy; (iv) an a
nnual reality check budgetisation would enable EDF spending to respond faster to emerging needs and priorities; and (v) modernise relations with ACP's and OCT's Budgetisation would plac
...[+++]e co-operation at true EU-level aligning with other policy areas.