The Recovery and Resilience Facility’s performance monitoring framework – Measuring implementation progress but not sufficient to capture performance

Summary:

The Recovery and Resilience Facility (RRF), amounting to €723 billion, was set up in response to the COVID-19 pandemic.

We audited the RRF’s performance monitoring framework and concluded that it measures implementation progress but only partly the RRF’s performance.

Milestones and targets and common indicators contribute to measuring progress but focus on output rather than results and do not fully cover all aspects of the RRF’s performance. The RRF scoreboard is user-friendly but affected by data quality and transparency issues. The early RRF reports mostly complied with the reporting obligations but the information on performance was limited.

We recommend that the Commission improves the quality of RRF reporting and addresses the shortcomings regarding performance monitoring in future instruments based on financing not linked costs.

• Primary Source

• Alternative Source