# EUR-Lex - 52013DC0346 - EN

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# 52013DC0346

**COMMUNICATION FROM THE COMMISSION TO THE COUNCIL Financial information on the European Development Fund /* COM/2013/0346 final */**

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COMMUNICATION FROM THE COMMISSION TO
THE COUNCIL

Financial information on the European
Development Fund

1.           Foreword

In accordance with Article 7(3) of the Internal
Agreement[1]
and Articles 57(3) and (4) of the 10th EDF Financial Regulation[2], the Commission presents in
this document estimates of commitments, payments and contributions for the
period 2013 and 2014, 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 2012 and the forecasts of
implementation for 2013 to 2014.

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.

2.           Introduction

The Commission and the EIB have updated their
commitment and payment forecasts for 2013 and 2014 for each of the ACP
countries[3]
and the OCTs[4].
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[5]
and Article 57(5) of the Financial Regulation[6],
the estimates provided in this document will be updated in the October 2013
communication.

The graph below shows the general trend in
commitments and payments, including projections for 2013 - 2014 (Commission and
EIB).

Gross commitments and payments: trend 1999-2014
(Million EUROS)[7]

Implementation of the European Development
Funds at 31 December 2012 (commitments, payments and financial situation)

The attachments 1, 2 and 3 show
respectively the actual commitments, payments and financial situation recorded
in 2012 compared with the forecasts made in October 2012[8].

3.           Financial forecasts for
2013 – 2014

The following table provides an update based on
our latest forecasts.

4.           Financial implementation
forecasts for 2013 and 2014

The updated forecasts are set out in Attachments
1 to 3.

The updated 2013 forecasts confirm the treasury
needs and Member States contributions to the EDF for 2013 as decided by the
Council in October 2012[9],
at EUR 3 100 million for the Commission and EUR 250 million for the EIB (see
attachment 4 for detail on the split of the 2013 contribution requests).

For 2014 we forecast the ceiling for the Member
States contributions will amount to EUR 2 950 million for the Commission and
EUR 360 million for the EIB.

It should be stressed that these figures are a
preliminary forecast and must be treated with caution. The Commission and the
EIB will make more reliable forecasts after the summer. They will be presented
in the October communication.

[1]               Internal Agreement between the Representatives of the
Governments of the Member States, meeting within the Council, on the financing
of Community aid under the multiannual financial framework for the period 2008
to 2013 in accordance with the ACP-EC Partnership Agreement and on the
allocation of financial assistance for the Overseas Countries and Territories
to which Part Four of the EC Treaty applies, OJ L 247, 9.9.2006, p. 32.

[2]               Council Regulation (EC) No 215/2008 of 18 February
2008 on the Financial Regulation applicable to the 10th European Development
Fund.

[3]               African, Caribbean and Pacific States.

[4]               Overseas Countries and Territories.

[5]               OJ L 247, 9.9.2006, p. 32.

[6]               Council Regulation (EC) No 215/2008 of 18 February
2008 on the Financial Regulation applicable to the 10th European Development
Fund.

[7]               For 2013-2014, forecasted amounts

[8]               COM(2012) 610.

[9]               Council Decision of 19 November 2012– Council
document 15526/12.