Amending budget 3/2021: Brexit Adjustment Reserve

2021/0022(BUD)

The European Parliament adopted by 645 votes to 14, with 36 abstentions, a resolution approving the Council position on draft amending budget No 1 to the general budget 2021 concerning the Brexit adjustment reserve.

The purpose of Draft amending budget No 1/2021 is to enter in the Union annual budget for 2021 EUR 4 244 832 000 in current prices (EUR 4 000 000 000 in 2018 prices), both in commitment and in payment appropriations, to meet the pre-financing needs resulting from the implementation of the Reserve in 2021.

The maximum resources for the implementation of the Reserve amount to EUR 5 000 000 000 in 2018 prices (EUR 5 370 994 000 in current prices).

Parliament underlined that the reserve is one of the thematic special instruments provided for in the Multiannual Financial Framework (MFF) regulation and that the related appropriations are therefore budgeted over and above the expenditure ceilings of the MFF (2021-2027).