Legal provisions of COM(2023)553 - Financial contributions to be paid by the parties to the European Development Fund to finance that fund specifying the ceiling for 2025, the annual amount for 2024, the amount of the first instalment for 2024 and an indicative and non-binding forecast for the expected annual amounts of contributions for the years 2026 and 2027 - Main contents
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| dossier | COM(2023)553 - Financial contributions to be paid by the parties to the European Development Fund to finance that fund specifying the ... |
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| document | COM(2023)553 |
| date | November 13, 2023 |
Article 1
The ceiling for the annual amount of the contributions to be paid by the parties to the European Development Fund for 2025 is hereby set at EUR 809 000 000. It shall be divided into EUR 800 000 000 for the Commission, and EUR 9 000 000 for the EIB.
Article 2
The annual amount of the contributions to be paid by the parties to the European Development Fund for 2024 is hereby set at EUR 1 500 000 00013. It shall be divided into EUR 1 200 000 000 for the Commission, and EUR 300 000 000 for the EIB.
Article 3
The amount of the contributions to be paid by the parties to the European Development Fund as a first instalment for 2024 is hereby set at EUR 650 000 000. It shall be divided into EUR 550 000 000 for the Commission, and EUR 100 000 000 for the EIB.
Article 4
An amount of EUR 7 800 000 from uncommitted or decommitted funds from projects under the Ninth EDF shall be refunded by a reduction of payment against the first instalment for 2024 set out in Article 3.
Article 5
The indicative non-binding forecast for the expected annual amount of contributions for 2026 is hereby set at EUR 600 000 000 for the Commission and at EUR 0 for the EIB. The indicative non-binding forecast for the expected annual amount of contributions for 2027 is hereby set at EUR 500 000 000 for the Commission and at EUR 0 for the EIB.
Article 6
This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.