Budgetary discipline: mobilisation of the flexibility instrument for the rehabilitation and the reconstruction following the tsunami disaster

PURPOSE : to mobilise the flexibility instrument to fund the reconstruction and the rehabilitation of tsunami affected countries.

LEGISLATIVE ACT : Decision 2005/707/EC of the European Parliament and of the Council on the mobilisation of the flexibility instrument in favour of the rehabilitation and reconstruction assistance to tsunami affected countries according to point 24 of the Interinstitutional Agreement of 6 May 1999.

CONTENT : this Decision  mobilises EUR 15 million to finance aid for rehabilitation and reconstruction of the earthquake/tsunami affected countries (Indonesia, Sri Lanka and the Maldives) covered by heading 4 "External actions" of the financial perspective, under Article 19 10 04 "Rehabilitation and reconstruction operations in developing countries in Asia" of the 2005 budget.