Legal provisions of COM(2016)654 - Financial contributions to be paid by Member States to finance the European Development Fund, including ceiling for 2018 and annual amount plus first instalment for 2017 - Main contents

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dossier	COM(2016)654 - Financial contributions to be paid by Member States to finance the European Development Fund, including ceiling for 2018 and ...
document	COM(2016)654
date	November 15, 2016

Article 1
Article 2
Article 3
Article 4
Article 5

Article 1

The ceiling for the annual amount of the Member States' EDF contributions for 2018 is hereby set at EUR 4 550 000 000 for the Commission, and at EUR 250 000 000 for the EIB.

Article 2

The annual amount of the Member States' EDF contributions for 2017 is hereby set at EUR 4 000 000 000. It shall be divided into EUR 3 850 000 000 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 2017 are set out in the table 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 the Bridging Facility, following an adjustment plan communicated by each Member State to the Commission at the adoption of the third instalment 2015.

Article 4

The indicative non-binding forecast for the expected annual amount of contributions for 2019 is hereby set at EUR 4 500 000 000 for the Commission, and at EUR 300 000 000 for the EIB, and that for 2020 at EUR 4 500 000 000 for the Commission, and at EUR 300 000 000 for the EIB.

Article 5