Decision (EU) 2019/1093 on the financial contributions to be paid by Member States to finance the European Development Fund

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Series Details L 173
Publication Date 27/06/2019
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Summary:

Council Decision of 26 June 2019 on the Member States' financial contribution to the 11th EDF, including the second instalment for 2019 and a revised ceiling for the annual amount for 2020.

Further information:

The 11th EDF (and other EDF funds which are still open) are managed under the following rules:

  • The current Partnership Agreement between the members of the African, Caribbean and Pacific Group of States on the one hand, and the European Community and its Member States on the other (the ACP-EU Partnership Agreement).
  • The Internal Agreement between the Representatives of the Governments of the Member States of the European Union on the financing of EU aid under the multiannual financial framework for the period 2014 to 2020 (the 11th EDF Internal Agreement).
  • Regulation (EU) 2015/323 on the financial regulation applicable to the 11th European Development Fund (the 11th EDF Financial Regulation).

These documents contain multi-annual commitments by Member States to support financially the EDF treasury. The 11th EDF Financial Regulation provides for regular contributions to be made by Member States to the EDF treasury against pre-determined financial commitments. Regular contributions are triggered by Council Decisions which reflect the implementation of financial commitments previously decided.

Source Link https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2019.173.01.0049.01.ENG
Related Links
EUR-Lex: COM(2019)253: Proposal for a Decision on the financial contributions to be paid by Member States to finance the European Development Fund, including the second instalment for 2019 https://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2019:253:FIN

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