translate English to French: With regard to expenditure, the AFPs have to make big investments in the early stages of their operations in order to satisfy the legal requirements for their constitution and to be able to provide the necessary basic services.
En ce qui concerne les dépenses, les Institutions administratrices doivent d'emblée procéder à des investissements afin de se conformer aux exigences légales, et être capables d'assurer les services de base nécessaires.