[{"bbox": [129, 176, 754, 212], "category": "Section-header", "text": "# 4 IMPLEMENTATION ARRANGEMENTS"}, {"bbox": [129, 243, 427, 275], "category": "Section-header", "text": "## 4.1 Financing Agreement"}, {"bbox": [141, 290, 1121, 344], "category": "Text", "text": "In order to implement this action – budget support and technical assistance components -, it is envisaged to conclude a financing agreement with the Plurinational State of Bolivia."}, {"bbox": [141, 356, 1099, 410], "category": "Text", "text": "As approved with exception N. 2022/000-727, the component of the Contribution Agreement will be left out of the Financing Agreement."}, {"bbox": [129, 435, 541, 467], "category": "Section-header", "text": "## 4.2 Indicative Implementation Period"}, {"bbox": [141, 482, 1134, 563], "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 72 months from the date of entry into force of the financing agreement."}, {"bbox": [141, 575, 1134, 656], "category": "Text", "text": "For the component of the Contribution Agreement, for which no financing agreement is expected to be concluded, the indicative operational implementation period is 60 months from the adoption by the Commission of this Financing Decision."}, {"bbox": [141, 667, 1073, 721], "category": "Text", "text": "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": [129, 747, 719, 779], "category": "Section-header", "text": "## 4.3 Implementation of the Budget Support Component"}, {"bbox": [129, 792, 718, 820], "category": "Section-header", "text": "### 4.3.1 Rationale for the Amounts Allocated to Budget Support"}, {"bbox": [141, 832, 1134, 1054], "category": "Text", "text": "The amount allocated for the budget support component is EUR 26 M, and for complementary support is EUR 5 M. This amount is based on the support offered by the EU to Bolivia between 2010 and 2022 in the field of river basin and environment management, an assessment of the absorption capacity of the different beneficiary institutions within the sector, as well as the respective responsibilities under the ambitious 2021-2025 national development plan. The amount allocated for complementary support is similarly based on past experience of technical assistance to the Ministry of Environment and Water, and the importance of accompanying national entities for the implementation of the sector reform performance contract."}, {"bbox": [141, 1065, 1134, 1173], "category": "Text", "text": "This will be complemented by a joint programme through a Contribution Agreement with the Swedish International Development Agency which, despite not being contractually linked to the budget support, will contribute to the same shared objectives through complementary actions, and strengthen the monitoring of the budget support with solid knowledge of the realities “on the ground”."}, {"bbox": [141, 1184, 1083, 1265], "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": [141, 1277, 1125, 1361], "category": "Text", "text": "The proposed disbursement calendar includes a fixed tranche (to be disbursed in 2023 after signature of the Financing Agreement) and two variable tranches (referring to 2024 and 2025 results, and to be disbursed in 2025 and 2026 respectively."}, {"bbox": [129, 1373, 617, 1401], "category": "Section-header", "text": "### 4.3.2 Criteria for Disbursement of Budget Support"}, {"bbox": [141, 1414, 275, 1440], "category": "Text", "text": "#### a) Conditions."}, {"bbox": [141, 1451, 786, 1479], "category": "Text", "text": "The general conditions for disbursement of all tranches are as follows:"}, {"bbox": [214, 1492, 1134, 1573], "category": "List-item", "text": "- Satisfactory progress in the implementation of the Ministry of Environment and Water's Integral Development Sector Plan 2021-2025 and continued credibility and relevance thereof or of the subsequent policy."}, {"bbox": [1027, 1680, 1144, 1706], "category": "Page-footer", "text": "Page 29 of 35"}]