Legal provisions of COM(2015)524 - Financial contributions to be paid by Member States to finance the European Development Fund, including the 2017 ceiling and the amount and first instalment for 2016 - Main contents
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| dossier | COM(2015)524 - Financial contributions to be paid by Member States to finance the European Development Fund, including the 2017 ceiling and ... |
|---|---|
| document | COM(2015)524  |
| date | November 30, 2015 |
Article 1
The ceiling for the annual amount of the Member States' EDF contributions for 2017 is hereby set at EUR 3 850 000 000 for the Commission, and at EUR 150 000 000 for the EIB.
Article 2
The annual amount of the Member States' EDF contributions for 2016 is hereby set at EUR 3 600 000 000. It shall be divided into EUR 3 450 000 000 for the Commission, and EUR 150 000 000 for the EIB.
Article 3
The individual EDF contributions to be paid by Member States to the Commission and the EIB as the first instalment for 2016 are set out in the Annex to this Decision.
Payments of those contributions may be combined with adjustments under the implementation of the deduction of the funds committed under Decision 2013/759/EU, following an adjustment plan communicated by each Member State to the Commission upon the adoption of the third instalment for 2015.
Article 4
The indicative forecast for the expected annual amount of contributions for 2018 is hereby set at EUR 4 150 000 000 for the Commission, and at EUR 250 000 000 for the EIB, and that for 2019 at EUR 4 150 000 000 for the Commission, and at EUR 300 000 000 for the EIB.
Article 5
This Decision shall enter into force on the date of its adoption.