Communication: Financial information on the European Development Fund [2014]

In accordance with Article 7(3) of the Internal Agreement and Articles 57(3) and (4) of the 10th EDF Financial Regulation, the Commission presents in this document estimates of commitments, payments and contributions for the period 2014 and 2015, taking into account the forecasts of the European Investment Bank (EIB) concerning the Investment Facility.

This document sets out the financial implementation of the EDFs (8th to 10th) for 2013 and the forecasts of implementation for 2014 to 2015.

The Member States contribute funds directly to the European Investment Bank for the instruments which it manages under the 9th and 10th EDFs (the Investment Facility and interest-rate subsidies). Contributions for other instruments, including contributions for the old instruments managed by the EIB (risk capital and interest-rate subsidies), go to the Commission.

The Commission and the EIB have updated their commitment and payment forecasts for 2014 and 2015 for each of the ACP countries and the OCTs. The payment forecasts in particular have been compiled with the aim of helping the Member States to assess as accurately as possible the amounts they need to earmark in their national budgets while ensuring that sufficient financial resources are available for the EDF to avoid liquidity problems.

In accordance with Article 7 of the Internal Agreement on the 10th EDF and Article 57(5) of the Financial Regulation, the estimates provided in this document will be updated in the October 2014 communication.

• Primary Source

EUR-Lex: COM(2014)350: Follow the progress of this report through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2014:350:FIN

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