What percentage of the EU's general budget is usually implemented in shared management?

Prepare for the CAST Project Management FG IV Test. Utilize flashcards and multiple choice questions, each with hints and explanations. Achieve success in your exam!

In the context of the European Union's budget, shared management refers to the way in which funds are administered in partnership between the EU and member states. Typically, around 80% of the EU's general budget is implemented through this shared management mechanism.

This high percentage reflects the reliance on member states to manage and allocate funds effectively in areas such as regional development, agricultural funds, and other programs that require national implementation. By using shared management, the EU can leverage the local knowledge and administrative capacity of individual member states while maintaining oversight and adherence to EU policies and regulations.

This approach is crucial for ensuring that funds are used efficiently and effectively, allowing for regional differences and needs to be taken into account in the management of EU finances. The shared management system is designed to foster cooperation and accountability, aligning with the EU's broader governance objectives.

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