COMMUNICATION FROM THE COMMISSION TO THE COUNCIL - Financial information on the European Development Fund - European Development Fund (EDF): forecasts of commitments, payments and contributions

The EDF is the main instrument for providing EU aid for development cooperation in the African, Caribbean and Pacific (ACP) States and Overseas Countries and Territories (OCTs). This document outlines the updated estimated EDF commitments, payments and contributions for calendar years 2016 to 2018, including for the Investment Facility which is managed by the European Investment Bank. It also provides non-binding estimates for 2019 and 2020 to enable Member States to plan and forecast national budgets. There is no change to the 2017 or 2018 forecasts as presented in Commission Communication (13373/16) which cleared scrutiny on 2 November 2016. There is a revised estimate of payments to the European Investment Bank (EIB) for 2019 and 2020; this is to meet expected higher levels of disbursements from the EDF investment facilities which it manages for the EDF. This does not affect the overall EDF allocation. The level of EDF programme commitments during 2016 exceeded the estimate provided in Communication 13373/16, although the amount disbursed as payments was not reached. The Commission continue to manage a tight fiscal balance for the EDF

Topic  EU Funds 
Department  DFID 
Council Reference  10351/17 
COM Reference  COM(17)299 
SEC Reference   
PE Cons   
C Reference   

Associated file(s)

  1. Document 10351/17 - 778 KB - pdf
  2. EM 10351/17 - 1 MB - pdf

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