COUNCIL DECISION (EU) 2019/1093

of 26 June 2019

on the financial contributions to be paid by Member States to finance the European Development Fund, including the second instalment for 2019 and a revised ceiling for the annual amount for 2020

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on European Union and to the Treaty on the Functioning of the European Union,

Having regard to the Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014 to 2020, in accordance with the ACP-EU Partnership Agreement, and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies (1), and in particular Article 7 thereof,

Having regard to the Council Regulation (EU) 2018/1877 of 26 November 2018 on the financial regulation applicable to the 11th European Development Fund, and repealing Regulation (EU) 2015/323 (2), and in particular Article 19(3) and (4) thereof,

Having regard to the proposal from the European Commission,

Whereas:

(1) In accordance with the procedure laid down in Article 19(3) of Regulation (EU) 2018/1877 (‘the 11th EDF Financial Regulation’), the Commission is to present a proposal by 15 June 2019 specifying the amount of the second instalment of the contribution for 2019 and a revised annual amount of the contribution for 2019, in cases where that annual amount deviates from actual needs.

(2) On 24 April 2019, in accordance with Article 46 of the 11th EDF Financial Regulation, the European Investment Bank (‘EIB’) sent to the Commission its updated estimates of commitments and payments under the instruments it manages.

(3) Article 20(1) of the 11th EDF Financial Regulation provides that calls for contributions first use up the amounts provided for in previous EDFs. Therefore a call for funds under the 10th EDF for the EIB and 11th EDF for the Commission should be made.

(4) On 12 November 2018, the Council adopted Decision (EU) 2018/1715 (3), setting the annual amount of the Member States' EDF contributions for 2019 at EUR 4 400 000 000 for the Commission and at EUR 300 000 000 for the EIB.

(5) Given that the Commission has proposed to carry out development and international cooperation for the period 2021-2027 with new implementation modalities, the Commission is decreasing its estimates of payments under the EDFs and therefore reduces by EUR 200 000 000 the ceiling for the annual amount for 2020,

HAS ADOPTED THIS DECISION:

Article 1

The individual EDF contributions to be paid by Member States to the Commission and the EIB as the second instalment for 2019 are provided for in the table set out in the Annex.

Article 2

The ceiling for the annual amount of the Member States' EDF contributions for 2020 is hereby revised at EUR 4 700 000 000. It shall be divided into EUR 4 400 000 000 for the Commission and EUR 300 000 000 for the EIB.

Article 3

This Decision shall enter into force on the date of its publication in the

Official Journal of the European Union

Done at Luxembourg, 26 June 2019.

For the Council

The President

G.L. GAVRILESCU

(1)