[{"bbox": [97, 121, 1133, 224], "category": "Text", "text": "b) The performance indicators for disbursement to be used for variable tranches may focus on the following policy priorities: the formal adoption of the water resources management plan and the enactment of a consolidated agriculture sector regulatory framework. The relevant indicators have been marked in **bold** text in the Logical Framework in Section 3.6"}, {"bbox": [97, 233, 257, 258], "category": "Text", "text": "c) Modifications."}, {"bbox": [97, 266, 1133, 372], "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 OCT 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": [97, 378, 1133, 588], "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 OCT and approved in writing by the Commission."}, {"bbox": [97, 597, 307, 621], "category": "Text", "text": "d) Fundamental values"}, {"bbox": [97, 642, 1133, 694], "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": [85, 715, 377, 742], "category": "Section-header", "text": "### 4.3.3 Budget Support Details"}, {"bbox": [97, 761, 1133, 841], "category": "Text", "text": "Budget support is provided as direct untargeted budget support to the national treasury. The crediting of the euro transfers disbursed into American dollars (USD) will be undertaken at the appropriate exchange rates in line with the relevant provisions of the financing agreement."}, {"bbox": [85, 861, 439, 892], "category": "Section-header", "text": "## 4.4 Implementation Modalities"}, {"bbox": [97, 921, 1133, 1001], "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 measures."}, {"bbox": [85, 1032, 481, 1059], "category": "Section-header", "text": "### 4.4.1 Direct Management (Procurement)"}, {"bbox": [97, 1080, 1133, 1161], "category": "Text", "text": "The limited institutional and human resource capacity of the local government for sustainable agriculture sector development and the lack of expertise is to be addressed through the provision of technical assistance under complementary support."}, {"bbox": [97, 1166, 1133, 1244], "category": "Text", "text": "The support may be realised under one or more technical assistance assignments. This Technical Assistance will be implemented under direct management by the EU Delegation for Sint Eustatius in Guyana in close cooperation with the Government of Sint Eustatius."}, {"bbox": [97, 1252, 1133, 1411], "category": "Text", "text": "The technical assistance will support the development of the Strategic Action Plan for Sustainable Agriculture, through a community-based process and a gender sensitive approach. It is also foreseen to carry out a proper gender sector analysis to be integrated to the formulation of this Strategic Action Plan. This document will complement the Implementation Agenda of the NEPP in Sint Eustatius by establishing clear targets for production and productivity of food crops, animal husbandry and fisheries and prioritising the needed infrastructures. The development and formal ratification of this plan will be key in strengthening the agriculture sector governance."}, {"bbox": [97, 1418, 1133, 1472], "category": "Text", "text": "The technical assistance, which could also be completed from another decision if needed and justified, will also support Sint Eustatius in the implementation of their budget support programme."}, {"bbox": [85, 1491, 931, 1517], "category": "Section-header", "text": "### 4.4.2 Changes from direct to indirect management mode due to exceptional circumstances"}, {"bbox": [85, 1532, 1144, 1617], "category": "Text", "text": "In case that the general eligibility criteria of budget support are not met anymore or following the agreement of the Commission to a duly justified request from the beneficiary in the event of important challenges encountered in the implementation, the operation could be transformed to indirect management mode in last resort."}, {"bbox": [1027, 1657, 1144, 1681], "category": "Page-footer", "text": "Page 21 of 24"}]