Amending budget No 9/2020

Commission's proposal: Draft Amending Budget 10/2020, COM(2020) 962 – 9 October 2020
Council's position: 8 December 2020
Parliament's position: 15 December 2020

The purpose of Amending Budget (AB) No 9 for the year 2020 is threefold:

• to increase the level of payment appropriations in line with the updated forecast and after having taken into account the redeployments proposed in the "Global transfer" (DEC 16/2020 submitted to Parliament and Council early October);
• to adjust the revenue side to incorporate the impact of exchange rate differences and additional fines collected; and
• to budget further more limited expenditure adjustments. They concern the level of appropriations of the European Agriculture Guarantee Fund (EAGF) and some decentralised agencies (ESMA, EIOPA, EBA and ELA).

The overall increase in payment appropriations (EUR 1 569,3 million) requested concerns headings 1a 'Competitiveness for Growth and Jobs', 1b 'Economic, Social and Territorial Cohesion', 2 'Sustainable Growth – Natural Resources' and 4 'Global Europe'.

The increase of commitment appropriations in heading 2 is slightly rebalanced by savings in heading 1a agencies resulting in an overall increase in commitments of EUR 36,4 million.

The overall impact on the revenue side is a decrease of other revenue by EUR 560 million rebalanced by a corresponding increase in the GNI contributions.