[{"bbox": [100, 119, 341, 150], "category": "Section-header", "text": "## 4.5. Indicative Budget"}, {"bbox": [71, 185, 926, 617], "category": "Table", "text": "<table><thead><tr><th>Indicative Budget components<sup>6</sup></th><th>EU contribution (amount in EUR)</th></tr></thead><tbody><tr><td><strong>Implementation modalities</strong></td><td></td></tr><tr><td><strong>Result 1: Direct management</strong></td><td><strong>330,000</strong></td></tr><tr><td><strong>Result 2:</strong></td><td><strong>455,000</strong></td></tr><tr><td>Direct management</td><td>55,000</td></tr><tr><td>Indirect management with Belize</td><td>400,000</td></tr><tr><td><strong>Result 3: Direct management</strong></td><td><strong>175,000</strong></td></tr><tr><td>Evaluation</td><td>20,000</td></tr><tr><td>Audit</td><td>20,000</td></tr><tr><td><strong>Total</strong></td><td><strong>1,000,000</strong></td></tr></tbody></table>"}, {"bbox": [100, 688, 606, 719], "category": "Section-header", "text": "## 4.6. Organisational Set-up and Responsibilities"}, {"bbox": [82, 737, 1144, 843], "category": "Text", "text": "Under the ambition of a strong national leadership for MIP 2021-2027 implementation, the MSEFP will responsibly coordinate all MIP actions by constituting the interface between the EU, involved ministries, public bodies, stakeholders and beneficiaries for both operational matters and sector dialogue, avoiding additional institutional layers."}, {"bbox": [82, 849, 1144, 955], "category": "Text", "text": "As part of its prerogative of budget implementation and to safeguard the financial interests of the Union, the Commission may participate in the above governance structures set up for governing the implementation of the action. While the final organisational set-up of the MSEFP is still under discussion of the government of Belize, it will follow the following indicative proposed structure:"}, {"bbox": [82, 961, 1144, 1067], "category": "Text", "text": "**Structure:** The MSEFP is a slim and efficient management unit under the oversight of the Prime Minister's Office. The MSEFP is headed by a Chief Executive Officer, Min of Finance, Economic Development and Finance and in coordination with the Foreign Affairs, Foreign Trade and Immigration, and supported by professionals with relevant experience in the MIP priority areas and the other relevant activities defined under this actions."}, {"bbox": [82, 1074, 1144, 1180], "category": "Text", "text": "**Operations:** Annual Work Plans (AWP) with activities will be drawn-up and discussed with the EU Delegation. Activities must be clearly linked to a specific output of the MIP. A limited number of activities can also be proposed by the EU Delegation. The MSEFP will keep the EU Delegation informed throughout the execution of the activities and make sure the EU Delegation is invited to events and debriefing throughout and after the activity."}, {"bbox": [82, 1186, 1144, 1292], "category": "Text", "text": "**Oversight:** A Steering Committee will meet twice a year, presided by the corresponding minister and comprised of representatives of the involved ministries and public bodies, relevant stakeholders and representatives of the final beneficiaries or their organisations. It will receive regular overviews from the MSEFP regarding the status of implementation of the AWP activities, proposing solutions for eventual shortcomings and problems."}, {"bbox": [82, 1298, 1144, 1351], "category": "Text", "text": "The EU Delegation will participate as full member of the Steering Committee and inform of those activities under this action which were procured under direct management. Gender balance will be promoted on all bodies."}, {"bbox": [82, 1357, 1144, 1384], "category": "Text", "text": "**Budget:** A budget will be assigned to each AWP, following the structure and maximum amounts indicated under 4.5."}, {"bbox": [71, 1417, 1156, 1470], "category": "Text", "text": "As part of its prerogative of budget implementation and to safeguard the financial interests of the Union, the Commission may participate in the above governance structures set up for governing the implementation of the action."}, {"bbox": [71, 1610, 1156, 1660], "category": "Footnote", "text": "⁶ N.B: The final text on audit/verification depends on the outcome of ongoing discussions on pooling of funding in (one or a limited number of) Decision(s) and the subsequent financial management, i.e. for the conclusion of audit contracts and payments."}, {"bbox": [1039, 1660, 1156, 1684], "category": "Page-footer", "text": "Page 11 of 13"}]