Outlines

Stepping across the halfway of the programming period 2014-2020, Interreg programmes are getting on track with their programmes’ financial implementation. Some programmes have managed to allocate majority of available financial resources to projects, others are still running and planning calls in the next years. In the continuation of the previous year exchange, Interact is organising a seminar, which provides a space to reflect on the programme’s financial implementation until the end of 2018. During the event, we will discuss potential challenges and problems with the effective spending of programmes’ funding.

Furthermore, Interact has been approached by some Interreg programmes which experienced liquidity problems at the programme level. Interact has analysed factors causing liquidity problems and proposed to the European Commission some mitigating measures (i.e. connected with the annual pre-financing payments to the programmes). In response to that, the EC proposed a specific treatment for the payment of the annual pre-financing for Interreg programmes. These scenarios will be presented and discussed during the event. Different strategies deployed by Interreg programmes for solving liquidity problems will be shared as well (initial results of the Interact’s repository project survey).

Decommitment mechanism and potential risk it could bring will also be at the spotlight of the seminar. The most popular strategies on how to combat decommitment risks will be discussed.

Last but not least, we will look at the envisaged changes to the cash flow management and decommitment strategies as proposed in the draft regulations for the post-2020 period.

 

Objectives of the event are:
•    to exchange on the practices of financial programme implementation;
•    to identify and discuss main caveats in the smooth programme implementation;
•    to focus on the potential risk of liquidity problem at the programme level and to get familiar with the proposed by the EC treatment to that problem;
•    to discuss different programmes’ methods and strategies to ensure high spending levels.

 

The event is targeted towards Managing Authorities and finance officers of Joint Secretariats.