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Amendment No. 5 | Doc. 14961 | 01 October 2019

The Council of Europe Development Bank: contributing to building a more inclusive society

Committee on Social Affairs, Health and Sustainable Development

Origin - 2019 - Fourth part-session

In the draft resolution, before paragraph 10.3, insert the following paragraph:

"considers reviewing the pertinence of the current criteria for defining the CEB’s target countries and possibly updates them in the light of progress in these countries’ development;"

Explanatory note

The target countries have been defined mainly based on geographical criteria (central, eastern and south-eastern European countries with enhanced developmental needs at the time of their accession). Some of these countries have since advanced significantly in terms of socio-economic development and have privileged access to funding from the European Union. Adding more economic criteria would render the selection process more objective.