Decision 2017/2171 - Financial contributions to be paid by Member States to finance the European Development Fund, including the ceiling for 2019, the annual amount for 2018, the first instalment for 2018 and an indicative and non-binding forecast for the expected annual amounts of contributions for the years 2020 and 2021 - Main contents
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official title
Council Decision (EU) 2017/2171 of 20 November 2017 on the financial contributions to be paid by Member States to finance the European Development Fund, including the ceiling for 2019, the annual amount for 2018, the first instalment for 2018 and an indicative and non-binding forecast for the expected annual amounts of contributions for the years 2020 and 2021| Legal instrument | Decision |
|---|---|
| Number legal act | Decision 2017/2171 |
| Original proposal | COM(2017)625  |
| CELEX number i | 32017D2171 |
| Document | 20-11-2017; Date of adoption |
|---|---|
| Publication in Official Journal | 22-11-2017; OJ L 306 p. 21-23 |
| Effect | 20-11-2017; Entry into force Date of document See Art 5 |
| End of validity | 31-12-9999 |
22.11.2017 |
EN |
Official Journal of the European Union |
L 306/21 |
COUNCIL DECISION (EU) 2017/2171
of 20 November 2017
on the financial contributions to be paid by Member States to finance the European Development Fund, including the ceiling for 2019, the annual amount for 2018, the first instalment for 2018 and an indicative and non-binding forecast for the expected annual amounts of contributions for the years 2020 and 2021
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on European Union and to the Treaty on the Functioning of the European Union,
Having regard to the Partnership Agreement between the members of the African, Caribbean and Pacific Group of States of the one part, and the European Community and its Member States, of the other part, signed in Cotonou on 23 June 2000 (1), as last amended (‘ACP-EU Partnership Agreement’),
Having regard to the Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014 to 2020, in accordance with the ACP-EU Partnership Agreement, and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies (2) (‘the Internal Agreement’), and in particular Article 7(2) thereof,
Having regard to the Council Regulation (EU) 2015/323 of 2 March 2015 on the financial regulation applicable to the 11th European Development Fund (3) (‘the 11th EDF Financial Regulation’), and in particular Article 21(2) thereof,
Having regard to the proposal from the European Commission,
Whereas:
(1) |
In accordance with the procedure laid down in Article 21(2) of the 11th EDF Financial Regulation, the Commission presented a proposal by 15 October 2017 specifying (a) the ceiling for the annual amount of the Member States' European Development Fund (EDF) contributions for 2019; (b) the annual amount of the Member States' EDF contributions for 2018; (c) the amount of the first instalment of the contribution for 2018; and (d) an indicative, non-binding forecast for the expected annual amounts of contributions for the years 2020 and 2021. |
(2) |
In accordance with Article 52 of the 11th EDF Financial Regulation, the European Investment Bank (EIB) sent on 4 September 2017 to the Commission its updated estimates of commitments and payments under the instruments it manages. |
(3) |
Article 22(1) of the 11th EDF Financial Regulation provides that calls for contributions first use up the amounts provided for in previous EDFs. Therefore a call for funds under the 10th EDF for the EIB and the 11th EDF for the Commission should be made. |
(4) |
Council Decision (EU) 2016/2026 (4) has set out the ceiling for the annual amount of the Member States' EDF contributions for 2018 at EUR 4 550 000 000 for the Commission, and at EUR 250 000 000 for the EIB. |
(5) |
Council Decision (EU) 2017/1206 (5) has established a reduction of contribution from the Eighth and Ninth EDF decommitted funds for an amount of EUR 200 000 000, |
HAS ADOPTED THIS DECISION:
Article 1
The ceiling for the annual amount of the Member States' EDF contributions for 2019 is hereby set at EUR 4 900 000 000. It shall be divided into EUR 4 600 000 000 for the Commission, and EUR 300 000 000 for the EIB.
Article 2
The annual amount of the Member States' EDF contributions for 2018 is hereby set at EUR 4 800 000 000. It shall be divided into EUR 4 550 000 000 for the Commission, and EUR 250 000 000 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 2018 are set out in the table in the Annex to this Decision.
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