In terms of committed funds, implementation figures in 2020 reached over 90.5%; they reached 82% in the bilateral portfolio, and 98% in the multilateral portfolio. The COVID-19 pandemic affected the development of the programmes during the year and both the funds awarded and funds paid have decreased.
Funds Paid
In terms of the evolution of what has been paid, there has also been considerable progress, with an increase of almost 14 percentage points compared to 2017. The difference between funds awarded and funds paid is due to the life cycle of the programmes, where first tenders and contracts are tendered and awarded to various companies (committed funds) and months later, when the contracts are executed and concluded, payments are made.
