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Amending budget 2/2017: surplus of the financial year 2016

2017/2061(BUD)

PURPOSE: presentation of draft amending budget (DAB) No 2/2017 which is intended to enter in the budget 2017 the surplus resulting from the implementation of the budget year 2016.

CONTENT: the present draft amending budget (DAB) No 2/2017 is intended to enter in the budget 2017 the surplus resulting from the implementation of the budget year 2016.

As provided for in the Financial Regulation applicable to the general budget of the Union, it is the only subject of this DAB and it has to be submitted within 15 days following the submission of the provisional accounts at end of March 2017.

Surplus: the implementation of the budget year 2016 shows a surplus of EUR 6 404 529 791,03 (excluding the outturn of contributions received from European Free Trade Association (EFTA) countries part of the European Economic Area (EEA) agreement), which is therefore entered as revenue in the 2017 budget.

The budgeting of the surplus will diminish accordingly the global contribution of the Member States to the financing of the 2017 EU budget.

The final contributions by Member States will also be influenced by the updated own resources forecast (Traditional Own Resources (TOR), Value Added Tax (VAT) and Gross National Income (GNI)) including the updated amount of the UK correction which will be available after the Advisory Committee on Own Resources (ACOR) meeting in May 2017.