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Amending budget 5/2017: European Fund for Sustainable Development (EFSD); Emergency Aid Reserve (EAR)

2017/2135(BUD)

PURPOSE: adoption of a Draft Amending Budget (DAB) No. 5 to the 2017 budget.

NON-LEGISLATIVE ACT: Definitive Adoption (EU, Euratom) 2017/30 of amending budget No 5 of the European Union for the financial year 2017.

CONTENT: the European Parliament definitively adopted Draft Amending Budget No 5 for the financial year 2017 in accordance with its resolution of 24 October 2017 (see the summary of the resolution).

As a reminder, this Amending budget aims to provide funding for the European Sustainable Development Fund (EFSD) and to take into account, in the 2017 general budget, the outcome of the mid-term review of the Regulation (EU), Euratom) Council Regulation (EC) No 1311/2013 laying down the multiannual financial framework for the period 2014-2020 as regards the increase of the annual allocation of the Emergency Aid Reserve from EUR 280 million to EUR 300 million in 2011 prices.

Specifically, the ACB:

  • allocates EUR 275 million in commitment and payment appropriations to the EFSD, all of which comes from the mobilisation of the flexibility instrument;
  • provides, at the same time, for the reduction by EUR 275 million of the payment appropriations within the Asylum, Migration and Integration Fund (AMIF) under heading 3 (Security and Citizenship);
  • provides for an additional EUR 22.8 million (in current prices) for the EAR in commitment appropriations reflecting the mid-term revision of the MFF regulation.

Overall, this increases the amount of commitment appropriations by EUR 297.8 million, while the amount of payment appropriations remains unchanged.