NATO Common Funding - Yesterday, Today and Tomorrow

Abstract:

The NATO common funding has already been used to finance common needs of the Alliance for 65 years and has contributed substantially to its readiness, cohesion and solidarity. A number of reform measures have been approved, and in most cases already implemented, over the period of last several years with the aim of more effective, economical, efficient a transparent use of NATO common funds and the introduction of modern financial management practices. NATO common funding is therefore a live and well-functioning system. Nevertheless, there is still a room for further improvements. The aim of this article is to describe the role of NATO common funding, its basic parameters and tools, its development in the past, and current and future challenges.

Josef Múčka, born in 1970. He is graduate from the Military College in Vyškov (1993), in area of military economics - finance. Since 1993 he has been working in the Ministry of Defence (MoD). In 2006-2009, he was a defense advisor to the Permanent Delegation of the Czech Republic to NATO, and since 2007 he has worked at the NATO Resource Office (Resource Planning and Policy Department). In 2009-2014, he was Director of the Strategic Development Department in MoD. From August 2014 until the end of July 2017, he was again a defense adviser to the Permanent Delegation of the Czech Republic at NATO and a representative of the Czech Republic in the NATO Policy and Planning Resources Committee. From 1 August 2017, he joined the Strategic Development Department of MoD. In 1996, 1997 and 1998, he studied in USA, Sweden and Germany, in the areas of resource management and defense planning.

Country: Czech Republic

05/09/2017

Leave a comment