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HomeLong-term forecast of future inflows and outflows of the EU budget 2021-2027
Long-term forecast of future inflows and outflows of the EU budget 2021-2027
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This report provides projections for the inflows and outflows of the EU budget over the period 2021-2027. It is the first report on the long-term forecast issued after the adoption of the Multiannual Financial Framework (MFF) 2021-2027 and NextGenerationEU. The EU’s long-term budget (the MFF), coupled with NextGenerationEU, will be the largest stimulus package ever financed in Europe amounting to a total of EUR 1.8 trillion (in 2018 prices). NextGenerationEU, an exceptional and temporary instrument, is designed to boost the recovery from the economic, social and health crisis caused by the COVID-19 pandemic. The MFF reflects the priorities of the Union for 2021-2027, underpinning the green and digital transitions to make the European economy fairer, more resilient and more sustainable for future generations. The report is issued in accordance with the requirements of Article 247(1)(c) of the Financial Regulation. In line with point 8 of the Interinstitutional Agreement and to allow for a comprehensive view of the revenue inflows and the expenditure outflows under the ceilings of the new MFF for its entire duration, the forecast exceptionally spans over seven years - from 2021 to 2027. Moreover, the report includes as a novel element the projected payments on all programmes benefitting from NextGenerationEU. This expenditure is additional to the spending under the MFF, and will be financed exclusively by revenue proceeds from borrowing operations on the capital markets (constituting external assigned revenue).
- Published:
- Corporate author(s): Directorate-General for Budget (European Commission)
- Themes: Community finance
- Subject: consolidated account , EU budget , financial year , implementation of the budget , long-term forecast , public finance , withdrawal from the EU
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| ISSN | ISBN 978-92-76-34354-7 | DOI 10.2761/84656 | Catalogue number KV-02-21-460-EN-N |
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| ISSN | ISBN 978-92-76-34356-1 | DOI 10.2761/059188 | Catalogue number KV-02-21-460-EN-C |
- Released on EU Publications:
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