This, according to the Commission, is possible since the new system would work on an "ex-post" basis and only provision the Fund on the basis of actual net disbursements (loans actually paid out) which would lead to a more reliable target amount for the Fund at the end of each year.
This, according to the Commission, is possible since the new system would work on an "ex-post" basis and only provision the Fund on the basis of actual net disbursements (loans actually paid out) which would lead to a more reliable target amount for the Fund at the end of each year.