[{"bbox": [83, 121, 1147, 175], "category": "Text", "text": "b) The performance indicators for disbursement to be used for variable tranches may focus on the following policy priorities:"}, {"bbox": [83, 201, 1147, 255], "category": "List-item", "text": "* Enhance **food self-sufficiency** by improving the productivity of crops and livestock through **climate resilient technologies**"}, {"bbox": [83, 256, 1147, 311], "category": "List-item", "text": "* Address **nutrition security** of adolescent girls and children by implementing school agricultural programs, **school feeding programs**, across the country."}, {"bbox": [83, 312, 1147, 365], "category": "List-item", "text": "* Enhance **conservation and management of natural resources** and biodiversity through effective watershed, land and forest management practices."}, {"bbox": [83, 366, 1147, 420], "category": "List-item", "text": "* Promote RNR sector growth by and establishing **RNR value chain enterprises** and supporting private sector participation in the country."}, {"bbox": [83, 420, 1147, 475], "category": "List-item", "text": "* **Mainstream gender** by empowering men and women leaders, gender focal persons, master trainers on gender responsive climate resilient food system in the country."}, {"bbox": [83, 499, 245, 525], "category": "Text", "text": "c) Modifications."}, {"bbox": [83, 552, 1147, 660], "category": "Text", "text": "The chosen performance indicators and targets to be used for the disbursement of variable tranches will apply for the duration of the action. However, in duly justified cases, the partner country and the Commission may agree on changes to indicators or on upward/downward revisions of targets. Such changes shall be authorised in writing ex-ante, at the latest at the beginning of the period under review applicable to the indicators and targets."}, {"bbox": [83, 685, 1147, 872], "category": "Text", "text": "In exceptional and/or duly justified cases, for instance where unexpected events, external shocks or changing circumstances have made the indicator or the target irrelevant and could not be anticipated, a variable tranche indicator may be waived. In these cases, the related amount could either be reallocated to the other indicators of the variable tranche the same year or be transferred to the next variable tranche the following year (in accordance with the original weighting of the indicators). It could also be decided to re-assess an indicator the following year against the original target, if there was a positive trend and the authorities did not reach the target because of factors beyond their control. The use of this provision shall be requested by the partner country and approved in writing by the Commission."}, {"bbox": [83, 898, 296, 924], "category": "Text", "text": "d) Fundamental values"}, {"bbox": [83, 950, 1147, 1004], "category": "Text", "text": "In case of a significant deterioration of fundamental values, budget support disbursements may be suspended, reduced or cancelled, in accordance with the relevant provisions of the financing agreement."}, {"bbox": [116, 1014, 460, 1044], "category": "Section-header", "text": "### 4.3.2. Budget Support Details"}, {"bbox": [83, 1051, 1147, 1132], "category": "Text", "text": "Budget support is provided as direct untargeted budget support to the national treasury. The crediting of the euro transfers disbursed into Bhutan Ngultrum will be undertaken at the appropriate exchange rates in line with the relevant provisions of the financing agreement."}, {"bbox": [109, 1150, 751, 1181], "category": "Section-header", "text": "## 4.4. Implementation Modalities for complementary support"}, {"bbox": [83, 1206, 1147, 1284], "category": "Text", "text": "The Commission will ensure that the EU appropriate rules and procedures for providing financing to third parties are respected, including review procedures, where appropriate, and compliance of the action with EU restrictive measures²⁴."}, {"bbox": [116, 1309, 719, 1339], "category": "Section-header", "text": "### 4.4.1. Indirect Management with a pillar assessed entity"}, {"bbox": [83, 1358, 1147, 1412], "category": "Text", "text": "A part of this action may be implemented in indirect management with an entity, which will be selected by the Commission's services using the following criteria:"}, {"bbox": [83, 1423, 1147, 1502], "category": "Text", "text": "1. Proven experience and expertise in SAFS approaches, in particular in climate resilient agricultural production systems, food and nutritional security, value chain approaches, private sector reform, mainstreaming gender and evidence based statistics"}, {"bbox": [72, 1586, 1160, 1662], "category": "Footnote", "text": "²⁴ www.sanctionsmap.eu. Please note that the sanctions map is an IT tool for identifying the sanctions regimes. The source of the sanctions stems from legal acts published in the Official Journal (OJ). In case of discrepancy between the published legal acts and the updates on the website it is the OJ version that prevails."}, {"bbox": [1041, 1662, 1159, 1686], "category": "Page-footer", "text": "Page 20 of 25"}]