Teknoloji Haberleri internet Haberleri Web Güvenliği Teknoloji Yazılım Bilim Teqnoloji
EU: 2018 budget agreed with cuts in development aid

Video guest: Josephine Mwangi

December 2018
M T W T F S S
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Tuesday, 21 November 2017

EU: 2018 budget agreed with cuts in development aid

In the early hours of Saturday (18 November), after 16 hours of negotiations, the EU member states and the European Parliament struck a deal on the EU’s budget for 2018, three days before the end of the conciliation period on 20 November at midnight. Total commitments are set at €160.1bn and payments at €144.7bn.Finance Ministers rejected the European Parliament’s proposal to increase external spending and agreed to limit funding at €9.57bn, a decrease of €868m, or 8%, below the final 2017 budget, with €256m left unallocated in the margin. Compared to 2017, long-term development aid was cut by 6%, however health and education funding will increase to €206m and agriculture, food security and nutrition funding will rise to €217m in 2018. The agreement also outlines a slight increase from 2017 to humanitarian aid, to €1.1bn.“We have strived this year to maximise the impact of EU spending, whilst maintaining sufficient leeway to be able to react to unforeseeable needs,” said Märt Kivine, deputy finance minister of Estonia and chief Council negotiator for the 2018 EU budget. “The 2018 budget focuses strongly on priorities such as boosting economic growth and job creation, strengthening security and addressing the challenges posed by migration.”

Source: Euractiv