 In the 2007–2013 budgetary period, Bosnia and Herzegovina is a beneficiary of the Instrument for Pre-Accession Assistance (IPA) funds.As a "potential candidate country", Bosnia is allowed to finance projects under the first two IPA components, "Transition Assistance and Institution Building" and "Cross-Border Cooperation".The eligibility for the three advanced IPA components will be conditional on Bosnia's acquisition of EU candidacy status and its implementation of a Decentralised Implementation System, streamlining administrative capacities in order to autonomously manage projects and disburse funds with only ex post Commission controls.