Mission and resources

The EFSD's mission is to help member states overcome the consequences of the global financial and economic crisis, to ensure their long-run economic stability and to foster economic integration among them.

EFSD main principles:

  • transparency at all stages of programmes and projects;
  • full accountability in the use of funds (the EFSD’s annual financial statements are prepared in accordance with International Financial Reporting Standards and verified by an independent auditor);
  • extensive disclosure of information on the Fund’s operations.

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2021