Draft amending budget No 7 to the general budget for 2020: Update of revenue (own resources)
1. On 6 July 2020 the Commission presented Draft Amending Budget No. 7 for the 2020 EU budget (DAB 7/2018).
2. This draft amending budget updates for revenue used to finance the budget, namely:
a. Revised TOR (customs duties) forecast for 2020;
b. Revised VAT and GNI bases for 2020;
c. Update of the UK Correction (rebate);
d. Updated other revenue sources, e.g. fines and exchange rate differences.