[{"bbox": [128, 161, 750, 196], "category": "Section-header", "text": "# 4. IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [128, 215, 414, 246], "category": "Section-header", "text": "## 4.1. Financing Agreement"}, {"bbox": [140, 261, 1106, 288], "category": "Text", "text": "In order to implement this Action, it is envisaged to conclude a financing agreement with the OCT Aruba."}, {"bbox": [128, 302, 540, 333], "category": "Section-header", "text": "## 4.2. Indicative Implementation Period"}, {"bbox": [140, 349, 1132, 481], "category": "Text", "text": "The indicative operational implementation period of this Action, during which the activities described in section 3 will be carried out and the corresponding contracts and agreements implemented, is 60 months from the date of entry into force of the financing agreement. Extensions of the implementation period may be agreed by the Commission's responsible authorising officer by amending this Financing Decision and the relevant contracts and agreements."}, {"bbox": [128, 496, 727, 527], "category": "Section-header", "text": "## 4.3. Implementation of the Budget Support Component"}, {"bbox": [128, 541, 698, 568], "category": "Section-header", "text": "### 4.3.1. Rationale for the Amounts Allocated to Budget Support"}, {"bbox": [140, 596, 1132, 646], "category": "Text", "text": "The amount allocated for the budget support component is EUR 14 000 000 and for complementary support is EUR 200 000."}, {"bbox": [140, 660, 1132, 768], "category": "Text", "text": "The latest cost estimate of the implementation of the E-government Roadmap³⁷ is EUR 15 400 000 whereas the total allocation for capital investments in the Aruban multi-annual budgetary framework is EUR 10 800 000 for each fiscal year from 2023. This indicates that the increase in fiscal space provided by the budget support is both necessary and sufficient."}, {"bbox": [140, 781, 1132, 887], "category": "Text", "text": "The amount of complementary support is based on the need for support in the implementation of the budget support programme, such as the Public Financial Management (PFM) and for exploring how InvestEU could complement this programme. Specific EU visibility activities could also be funded by this complementary support."}, {"bbox": [140, 899, 1132, 979], "category": "Text", "text": "This Action will complement Dutch structural reforms (Landspakket), therefore actively implemented in the spirit of a Team Europe approach. The exact amount of the Dutch financial support on e-government is not established yet and would be provided under the format of technical assistance."}, {"bbox": [140, 991, 1132, 1071], "category": "Text", "text": "The following disbursement calendar and profile proposed for the action is indicative. The actual disbursement calendar and profile will be set out in the financing agreement and may remain subject to change."}, {"bbox": [140, 1080, 1054, 1191], "category": "Table", "text": "<table><thead><tr><td></td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>Total in MEUR</td></tr></thead><tbody><tr><td>Fixed tranche in MEUR</td><td>2.2</td><td>3.0</td><td>3.0</td><td>3.0</td><td>11.2</td></tr><tr><td>Variable tranche in MEUR</td><td></td><td></td><td>1.4</td><td>1.4</td><td>2.8</td></tr><tr><td>Total in MEUR</td><td>2.2</td><td>3.0</td><td>4.4</td><td>4.4</td><td>14.0</td></tr></tbody></table>"}, {"bbox": [128, 1206, 595, 1233], "category": "Section-header", "text": "### 4.3.2. Criteria for Disbursement of Budget Support"}, {"bbox": [140, 1261, 271, 1286], "category": "Text", "text": "#### a) Conditions."}, {"bbox": [140, 1300, 782, 1325], "category": "Text", "text": "The general conditions for disbursement of all tranches are as follows:"}, {"bbox": [178, 1328, 1132, 1382], "category": "List-item", "text": "* Satisfactory progress in the implementation of the E-gov Roadmap and continued credibility and relevance thereof or of the subsequent policy."}, {"bbox": [178, 1389, 1132, 1442], "category": "List-item", "text": "* Maintenance of a credible and relevant stability-oriented macroeconomic policy or progress made towards restoring key balances."}, {"bbox": [178, 1450, 1132, 1529], "category": "List-item", "text": "* Satisfactory progress in the implementation of reforms to improve public financial management, including domestic revenue mobilisation, and continued relevance and credibility of the reform programme."}, {"bbox": [128, 1595, 1141, 1643], "category": "Footnote", "text": "³⁷ Referring to the investment costs for the total implementation excluding recurrent costs of the staff and operating costs of DVI staff."}, {"bbox": [1026, 1681, 1141, 1705], "category": "Page-footer", "text": "Page 23 of 28"}]