12 March 2025, Podgorica, Montenegro

At the 48th Budget Committee Meeting, the ReSPA Secretariat presented financial performance, operational progress, and strategic budget planning with Budget Committee Members in preparation for the upcoming year.

The meeting began with an informal session, fostering open discussions on ReSPA’s financial and operational management, reporting requirements, and applied standards. The formal session focused on key financial reports and budget proposals to ensure ReSPA's sustainability and efficiency.

The Budget Committee assessed the implementation of the ReSPA Annual Work Program and Budget, reviewing progress on initiatives, financial allocations, and staff resources in line with 2024 objectives.

Members also examined the ReSPA Annual Financial Report and the Core Budget Implementation Report, reinforcing transparency and accountability in financial management. Discussions included a proposal for the ReSPA Core Budget Addendum 2025, with recommendations on the allocation of carryover funds for ongoing and new activities.

The meeting further addressed the third and final year of the 5th EC Grant, outlining the annual plan of activities and expected outputs. Updates on other ongoing projects were also presented.

Additionally, the committee reviewed the status of financial contributions from ReSPA members. The meeting concluded with discussions on staffing projections for 2026 and scheduling the next Budget Committee meeting.

The Budget Committee’s recommendations will be presented to the Governing Board for further action.

With a strong commitment to financial responsibility and operational excellence, ReSPA continues to strengthen regional public administration cooperation.