Amending budget No 5/2017

Commission's proposal: Draft Amending Budget 5/2017, COM(2017) 485 – 28 July 2017
Council's position: 10 October 2019
Parliament's position: 24 October 2019

The purpose of Amending Budget (AB) No 5 for the year 2017 is twofold:

• To provide the financing from the general budget 2017 for the European Fund for Sustainable Development (EFSD) further to the adoption of the related legal base by the European Parliament and the Council.
• To reflect in the general budget 2017 the outcome of the mid-term revision of the MFF regulation as regards the increase of the annual amount of the Emergency Aid Reserve (EAR), from EUR 280 million to EUR 300 million in 2011 prices.

Overall, this AB increases the level of commitment appropriations by EUR 297.8 million whereas the level of payment appropriations remains unchanged.