Page 126 - Proceeding 2015

FAMP NICOLAE Ciprian
CCASP QUALITATIVE ANALYSIS OF THE RISKS IDENTIFIED IN THE MANAGEMENT OF THE NON-
REIMBURSABLE FUNDS IN ROMANIA IN 2007-2013

With respect to non-reimbursable funds management in Romania, we treat risk management as key to

development resources. If we analyze only the use of structural and cohesion funds during 2007-2013
period, we can find that:
PROCEEDINGS OF THE 11 TH ADMINISTRATION AND PUBLIC MANAGEMENT INTERNATIONAL CONFERENCE
? there are serious delays in funds accession (at the level of October 2015 the absorption rate

published by the Ministry of European Funds was 56,99% out of the 19 billion Euro, allocations
Structural and Cohesion Funds);

? there is an increased consumption of resources (ex: the Romanian government announced
loans of 6.045 billion RON in 2014, respectively 2.820 billion RON in 2015, in order to pay the

beneficiaries of structural and cohesion funds, considering that Romania failed repeatedly to
receive the expected reimbursements from the European Commission);

? there is a foresight that the financial corrections imposed by the European Commission related

to Romania's available budget will be about 1 billion Euro (Romanian National News Agency
30 th – 31 st October 2015 ”Strategic Management for Local Communities” Bucharest
AGERPRES, 2015) only for the Structural and Cohesion Funds 2007-2013; this represents

approximately 5.26% of the total allocated amount - 19 billion Euro.

All the available funds not used, plus the financial corrections and resources used for sustaining the
financial flows of structural funds use (up to 9 – 9,5 billion Euro) represents mist development resources.

Consistent with the principle of efficiency and effectiveness stated by the Strategy for strengthening the

public administration in Romania 2014-2020 (aim to achieve objectives through optimal use of available
resources and obtain results to be in line with targets) the use of non-reimbursable funds represents a

key element for the public sector development and the risk management have to play an important role
in the strategic management for local communities in Romania.

CONCLUSIONS

There is an obvious need for improving the risk management methodologies used by the authorities and
institutions involved in the non-reimbursable funds management. A direction in this respect is to create a

single unitary risks register, applicable to all non-reimbursable funds (European, national of from other
sources), with coherent and consistent risks covering all the activities/areas and all the project cycle
management phases.

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