Amending budget No 3/2020: 2019 surplus

11-06-2020

Draft Amending Budget No 3/2020 (DAB 3/2020) to the general budget 2020 enters the surplus resulting from implementation of the 2019 budget as revenue into the EU's 2020 budget. The 2019 surplus totals over €3.2 billion (as compared to €1.8 billion in 2018 and €0.56 billion in 2017). It consists mostly of higher than expected revenues, and underspending on the expenditure side. Inclusion of the surplus will reduce the gross national income contributions of Member States (including the United Kingdom) to the 2020 EU budget accordingly. The European Parliament is expected to vote on the Council position on DAB 3/2020 during its June plenary session.

Draft Amending Budget No 3/2020 (DAB 3/2020) to the general budget 2020 enters the surplus resulting from implementation of the 2019 budget as revenue into the EU's 2020 budget. The 2019 surplus totals over €3.2 billion (as compared to €1.8 billion in 2018 and €0.56 billion in 2017). It consists mostly of higher than expected revenues, and underspending on the expenditure side. Inclusion of the surplus will reduce the gross national income contributions of Member States (including the United Kingdom) to the 2020 EU budget accordingly. The European Parliament is expected to vote on the Council position on DAB 3/2020 during its June plenary session.