Legal provisions of COM(2019)477 - Financial contributions to be paid by Member States to finance the European Development Fund

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dossier COM(2019)477 - Financial contributions to be paid by Member States to finance the European Development Fund.
document COM(2019)477 EN
date October 24, 2019

Contents

Article 1

The ceiling for the annual amount of the Member States’ EDF contributions for 2021 is hereby set at EUR 4 000 000 000. It shall be divided into EUR 3 700 000 000 for the Commission, and EUR 300 000 000 for the EIB.

Article 2

The annual amount of the Member States’ EDF contributions for 2020 is hereby set at EUR 4 700 000 000. It shall be divided into EUR 4 400 000 000 for the Commission, and EUR 4 400 000 000 for the EIB.

Article 3

The individual EDF contributions to be paid by the Member States to the Commission and the EIB as the first instalment for 2020 are set out in the table in the Annex to this Decision.

Article 4

The indicative non-binding forecast for the expected annual amount of contributions for 2022 is hereby set at EUR 2 700 000 000 for the Commission and at EUR 300 000 000 for the EIB, and that for 2023 at EUR 2 000 000 000 for the Commission and EUR 100 000 000 for the EIB.

Article 5

This Decision shall enter into force on the date of its adoption.