Draft amending budget No 1/2024

Commission's proposal: Draft Amending Budget 1/2024,  COM(2024) 80 – 29 February 2024

Council's position: 
Parliament's position: 

Draft Amending Budget 1/2024 – Amendments of the 2024 budget required due to the MFF revision

The purpose of Draft Amending Budget No 1 for the year 2024 (DAB 1) is to introduce the necessary changes to the 2024 budget stemming from the revision of the Multiannual Financial Framework.

The revision of the MFF Regulation applies retroactively as of 1st January 2024 and includes inter alia amendments to the MFF ceilings that have been communicated in the updated technical adjustment of the MFF for 2024 in the form of a Commission Communication adopted on 29 February 2024, as foreseen in Article 4(1) of the MFF Regulation.

In order to reflect the impact of the MFF revision on the financial year 2024, DAB 1 covers the following elements:

• Creation of the budget nomenclature and remarks to cater for the Ukraine Facility, and mobilisation of the new special instrument, the Ukrainian Reserve, with an amount of EUR 4,8 billion of commitment appropriations and EUR 3,8 billion of payment appropriations for the Union’s support other than in the form of loans, including administrative support. in line with the MFF regulation;
• Reinforcement of the European Defence Fund within the framework of the Strategic Technologies for Europe Platform (STEP) by EUR 376 million in commitment appropriations;
• Adjustment to the budget nomenclature in order to split the Solidarity and Emergency Aid Reserve in two separate instruments and to increase the amounts for each instrument;
• Creation of the budget nomenclature and remarks to cater for the Reform and Growth Facility for the Western Balkans, with an amount of EUR 501 million in commitment appropriations in reserve and EUR 23,9 million in payment appropriations, in reserve pending the adoption of the legal basis;
• Reduction of the level of commitment appropriations of the reserve for the European Globalisation Adjustment Fund for Displaced Workers (EGF) by EUR 175,7 million in 2024.

Additionally, DAB 1 includes an adjustment to the budget remarks of the budget line for support expenditure of the Digital Europe Programme following the political agreement reached in December 2023 by the European Parliament and the Council on the establishment of the Artificial Intelligence Office.

Overall, the net impact of DAB 1 on expenditure amounts to an increase of EUR 5 833,7 million in commitment appropriations and an increase of EUR 4 143,6 million in payment appropriations.