Communication on the annual accounts of the European Development Fund 2017

The European Development Fund (EDF) is the main instrument for providing EU aid for development cooperation to the African, Caribbean and Pacific (ACP) States and Overseas Countries and Territories (OCTs).

The EDF is not funded by the EU budget. It is established by an internal agreement of the Representatives of the Member States, sitting within the Council, and managed by a specific committee. The European Commission is responsible for the financial implementation of the operations carried out with EDF resources. The European Investment Bank (EIB) manages the Investment Facility.

This document presents the accounts of the European Development Fund for the financial year 2017.