Definitive adoption (EU, Euratom) 2019/259 of amending budget No 6 of the European Union for the financial year 2018

Summary:

On 12 October 2018 the European Commission presented draft amending budget No 6 on reduction of payment and commitment appropriations in line with updated forecasts of expenditure and update of revenue (own resources). The DAB was adopted by the European Parliament on 12 December.

Further information:

The purpose of Draft Amending Budget (DAB) No 6 for the year 2018 is to update both the expenditure and the revenue sides of the budget to take account of the latest developments:

• on the expenditure side, to release commitment and payment appropriations of budget lines for headings 1a "Competitiveness for growth and jobs" and 2 "Sustainable growth – natural resources";
• on the revenue side, to revise the forecast of Traditional Own Resources (i.e. customs duties and sugar sector levies), value-added tax (VAT) and gross national income (GNI) bases, and to budget the relevant UK corrections and their financing, which all affect the distribution of own resources contributions from Member States to the EU budget.

EUR-Lex: COM(2018)704: Draft amending budget No 6 to the general budget 2018 https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2018:704:FIN

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