Sep 9, 2026

FISR2: Four Years of Strengthening Structural Reform and Fiscal Planning

After more than four years of collaboration, the EU-funded »Structural Reforms Better Integrated Within Fiscal Frameworks« (FISR2) project is coming to a close. Implemented by the CEF, the project has brought together public institutions, experts, and practitioners across the Western Balkans and Türkiye to strengthen the way structural reforms are designed, costed, budgeted, monitored, and assessed.

Over the course of the project, more than 3,700 participants took part in 140+ learning and knowledge sharing events, creating opportunities not only to develop technical capacities, but also to exchange experiences and learn from one another across the region. FISR2 worked with 100 public institutions and supported the preparation or implementation of 27 Economic Reform Programmes (ERPs) and Reform Agendas (RAs). Through this work, the project contributed to making reform planning more evidence-based, coordinated, and closely connected to available fiscal resources.

One of the project's key achievements has been strengthening institutions' capacity to cost and budget structural reforms. More than 40 public institutions now have stronger capacity to understand the financial implications of reforms and incorporate these costs into their planning. The project also helped strengthen the monitoring and reporting of reform implementation. More than 60 public institutions developed their capacity to track whether reforms are being implemented and whether they are delivering the intended results. Progress was also made in assessing the wider economic impact of reforms. 49% of reforms across all ERPs and Reform Agendas now include economic impact assessments, with 39% of these assessments quantified – a significant step forward from the situation at the beginning of the project.

FISR2 also recognized that effective reform processes depend not only on technical tools, but on strong coordination and ownership. The project supported the development of seven ERP/RA coordination plans, designed in close collaboration with line ministries. These approaches helped strengthen coordination across institutions and encourage greater ownership of the reform process. As the project evolved, so did the regional community around it. The Network of Regional Experts (NRE) has grown to 101 members, creating a lasting community for peer learning, knowledge exchange, and continued cooperation on structural reforms.

The achievements of FISR2 are not limited to the numbers. They are also reflected in the knowledge, practical tools, and professional connections built throughout the project. To ensure that this knowledge remains accessible beyond the project's completion, the FISR2 Legacy Hub has been established as a dedicated repository of key tools, methodologies, learning materials, and knowledge products developed under the project. The Hub provides policymakers and practitioners with practical resources to support the design, costing, budgeting, monitoring, and assessment of structural reforms, helping ensure that the knowledge generated through FISR2 continues to be used across the region. As reflected by participants and experts, the value of FISR2 lies in the knowledge exchanged, the connections created, and the opportunity to learn from one another across the region.

With the FISR2 project now coming to a close, the CEF sincerely thanks all those who have been part of this journey – partners, experts, participants, and colleagues – for their engagement, contributions, and willingness to share their knowledge and experience. The end of the project, however, is not the end of this cooperation. The CEF remains committed to supporting continued learning, knowledge sharing, and collaboration across the region.