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The European Union (EU) is committed to ensuring its budget delivers maximum value for citizens by focusing on results and performance. In 2018, as part of the shift towards performance-based budgeting, the EU revised the rules applicable to the general budget and introduced the possibility of financing that is not linked to cost (FNLC) in addition to the traditional ways of financing based on incurred costs (Article 125 of EU Regulation 2018/1046). Under this method, payments are based on results ...

During the April I plenary session, as part of the discharge procedure for the 2022 financial year, the European Ϸվ is due to vote on discharge for 33 EU decentralised agencies and 9 joint undertakings. The Committee on Budgetary Control (CONT) recommends granting discharge to all decentralised agencies, bodies and joint undertakings, and presents some observations to further improve sound financial management.

The EU's general budget for 2024 is scheduled for adoption during the European Ϸվ's November II plenary session. Ϸվ will vote on the provisional agreement it reached with the Council on 11 November 2023 during budgetary conciliation. The Council has to approve the provisional agreement formally before Ϸվ puts it to the vote. The agreed 2024 budget sets commitment appropriations at €189.4 billion and payments at €142.6 billion, including special instruments. The provisional ...

The purpose of draft amending budget No 3/2023 (DAB 3/2023) to the EU's 2023 general budget is to update the revenue side, taking into account the latest economic forecasts. DAB 3/2023 also adjusts the 2023 budget to cover recent developments such as the Defence Industrial Reinforcement Instrument, the European Chips Act and fisheries agreements. Ϸվ is expected to vote on the Council's position on DAB 3/2023 during its October II plenary session.

The purpose of Draft Amending Budget No 2/2023 (DAB 2/2023) to the EU's 2023 general budget is to enter the €2.5 billion surplus from implementation of the 2022 budget as revenue in the 2023 budget. The surplus is the result of higher than expected revenues from customs duties collected in the last months of 2022 and under-spending on the expenditure side. Inclusion of the surplus will lead to a corresponding reduction in Member States' gross national income (GNI) contributions to the 2023 budget ...

During the May I plenary session, as part of the discharge procedure for the 2021 financial year, the European Ϸվ is due to vote on discharge for 33 EU decentralised agencies and 9 joint undertakings. The Committee on Budgetary Control (CONT) recommends granting discharge to all decentralised agencies, bodies and joint undertakings, and presents some observations to improve sound financial management further.

During the May I plenary session, the European Ϸվ is scheduled to vote on the discharge for the execution of the 2021 EU budget. Concerning administrative expenditure, the European Ϸվ's Committee on Budgetary Control (CONT) recommends granting discharge for the implementation of eight administrative sections of the EU budget and for the European Public Prosecutor's Office. For the European Council and Council, it recommends postponing the decision on granting discharge.

During its November II plenary session, the European Ϸվ is expected to adopt the EU's general budget for 2023. Ϸվ will vote on the provisional agreement reached on 14 November 2022 during the budgetary conciliation between Ϸվ and the Council, and due to be formally voted by the Council before the Ϸվ's vote. Once adopted, commitment appropriations for 2023 will amount to €186.6 billion and payments to €168.6 billion, including special instruments. The negotiators also ...

In May 2022, the European Ϸվ postponed its discharge decision on the European Border and Coast Guard Agency (Frontex) for the financial year 2020. In its second report, Ϸվ's Budgetary Control Committee (CONT) is once again recommending Ϸվ refuses to grant discharge to Frontex, reiterating its demand that the Agency present a detailed road map showing how it intends to address the outstanding concerns.

Draft amending budget No 4/2022 (DAB 4/2022) to the EU's 2022 general budget aims to update the revenue side, taking into account the updated own resources forecast and other revenues, such as the United Kingdom (UK) contribution and fines. DAB 4/2022 also includes two expenditure-related adjustments: budgetary nomenclature allowing resources to be transferred to the REPowerEU chapter of the Recovery and Resilience Facility (RRF); and additional staff requested for Eurojust. Ϸվ ...