COMMUNICATION FROM THE COMMISSION TO THE COUNCIL European Development Fund (EDF): forecasts of commitments, payments and contributions from Member States for 2013, 2014 and 2015
Date: 2013-10-28
Institutions: European Commission
Subjects: European Development Fund, European Investment Bank, Member States' contribution, budget estimate, financial aid, financing of aid













EUR-Lex - 52013DC0735 - EN











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52013DC0735

COMMUNICATION FROM THE COMMISSION TO THE COUNCIL European Development Fund (EDF): forecasts of commitments, payments and contributions from Member States for 2013, 2014 and 2015 /* COM/2013/0735 final */









COMMUNICATION FROM THE COMMISSION TO
THE COUNCIL
European Development Fund (EDF): forecasts
of commitments, payments and contributions from Member States for 2013, 2014
and 2015
1.           Foreword
In accordance with Article 7(1) and (5) of the 10th
EDF Internal Agreement[1],
the Commission presents in this document estimates of commitments, payments and
contributions for the period 2013 to 2015, taking into account the forecasts of
the European Investment Bank (EIB). 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). Therefore this communication draws a clear
distinction between funds managed by the EIB under the 9th and 10th
EDFs and those managed by the Commission.
The graph below shows the general trend in
gross commitments and payments since 1999, including projections for 2014-2015
(Commission and EIB cumulated). 
2.           Financial forecasts for 2013
- 2015
The following table provides an update of the
commitments, the payments and of the contributions, based on our latest
forecasts.
 Forecasts 2013-2015[2] || 2013 || 2014 || 2015[3] 
   || Commission || 4,112 || 1,390 || 4,663 
 Commitments || EIB || 915 || 990 || 940 
   || Total || 5,027 || 2,380 || 5,603 
   || Commission || 2,842 || 3,320 || 3,400 
 Payments || EIB || 312 || 410 || 470 
   || Total || 3,154 || 3,730 || 3,870 
   || Commission || 2,950 || 3,100 || 3,300 
 Contributions || EIB || 250 || 150 || 300 
   || Total || 3,200 || 3,250 || 3,600 
3.           Financial implementation
forecasts for 2013 - 2015
The Commission and the EIB have updated their commitment
and payment forecasts for 2013 and 2014 for each of the ACP[4] countries and the OCTs[5]. The result and the amount of
contributions necessary to finance the EDF for 2014 to 2015 are set out in
Attachments 1 to 3 where they are compared with the figures given in the June
2013 communication[6].
The contributions 2013 and 2014 by instalment
and by Member State are presented in the Attachments 4 and 5.
3.1.        Attachment 1: forecasts
for commitments[7]
for 2013, 2014 and 2015 (EUR million)
   || 2013 || 2014 || 2015 
   || COM Oct 2012 || COM June 2013 || COM Oct 2013 || COM June 2013 || COM Oct 2013 || COM Oct 2013 
 Regions ||   ||   ||   ||   ||   ||   
 East Africa || 1,203 || 982 || 1,010 ||   || 127 ||   
 West Africa || 1,640 || 1,198 || 1,321 ||   || 213 ||   
 Central Africa || 6 || 132 || 174 ||   || 142 ||   
 Caribbean || 231 || 257 || 300 ||   || 45 ||   
 Pacific || 140 || 188 || 217 ||   || 26 ||   
 Southern Africa || 474 || 388 || 428 ||   || 147 ||   
 Sub-total || 3,694 || 3,145 || 3,450 ||   || 700 ||   
 Other ||   ||   ||   ||   ||   ||   
 Water and Energy Facility || 109 || 0 || 56 ||   ||   ||   
 Other[8] || 459 || 547 || 606 ||   || 690 ||   
 Sub-total || 568 || 547 || 662 ||   || 690 ||   
 Total European Commission || 4,262 || 3,692 || 4,112 || 1,600 || 1,390 || 4,663 
 Investment facility || 550 || 550 || 855 || 620 || 900 || 850 
 Interest rate subsidies || 90 || 90 || 60 || 100 || 90 || 90 
 Total EIB || 640 || 640 || 915 || 720 || 990 || 940 
 TOTAL EC+EIB || 4,902 || 4,332 || 5,027 || 2,320 || 2,380 || 5,603 
3.2.        Attachment 2: forecasts
for payments[9]
for 2013, 2014 and 2015 (EUR million)
   || 2013 || 2014 || 2015 
   || COM Oct 2012 || COM June 2013 || COM Oct 2013 || COM June 2013 || COM Oct 2013 || COM Oct 2013 
 Regions ||   ||   ||   ||   ||   ||   
 East Africa || 458 || 404 || 392 ||   || 438 ||   
 West Africa || 848 || 783 || 782 ||   || 874 ||   
 Central Africa || 426 || 378 || 382 ||   || 426 ||   
 Caribbean || 250 || 125 || 125 ||   || 230 ||   
 Pacific || 133 || 73 || 64 ||   || 130 ||   
 Southern Africa || 386 || 404 || 388 ||   || 434 ||   
 Sub-total || 2,501 || 2,167 || 2,133 ||   || 2,532 ||   
 Other ||   ||   ||   ||   ||   ||   
 Peace Facility || 170 || 173 || 257 ||   || 287 ||   
 Infrastructure Trust Fund || 0 || 0 || 0 ||   || 0 ||   
 Water and Energy Facility || 120 || 111 || 111 ||   || 119 ||   
 Other[10] || 383 || 391 || 341 ||   || 382 ||   
 Sub-total || 673 || 675 || 709 ||   || 788 ||   
 Total European Commission || 3,174 || 2,842 || 2,842 || 3,212 || 3,320 || 3,400 
 Investment facility || 330 || 330 || 285 || 400 || 330 || 390 
 Interest rate subsidies || 90 || 90 || 27 || 100 || 80 || 80 
 Total EIB || 420 || 420 || 312 || 500 || 410 || 470 
 TOTAL EC+EIB || 3,594 || 3,262 || 3,154 || 3,712 || 3,730 || 3,870 
3.3.        Attachment 3: financial
situation estimated 2013, 2014 and 2015 (EUR million)
   ||   || COM June 2013[11] || COM October 2013 
   ||   || Commission || EIB || TOTAL || Commission || EIB || TOTAL 
   || Balance 31/12/2012[12] || 586 || 144 || 730 || 586 || 144 || 730 
 2013 || Member States contributions, of which: || 3,100 || 250 || 3,350 || 2,950 || 250 || 3,200 
 1st instalment || 1,850 || 100 || 1,950 || 1,850 || 100 || 1,950 
 2nd instalment || 1,000 || 100 || 1,100 || 850 || 100 || 950 
 3rd instalment || 250 || 50 || 300 || 250 || 50 || 300 
 Contributions 2013 received in 2012 || -293 ||   || -293 || -293 ||   || -293 
 Contributions 2012 received in 2013 ||   ||   ||   ||   ||   ||   
 Reflows[13] ||   || 130 || 130 ||   || 145 || 145 
 Recoveries, interest and other || 50 ||   || 50 || 100 ||   || 100 
 Total payments[14] || -2,842 || -420 || -3,262 || -2,842 || -312 || -3,154 
 Balance at 31/12/2013 || 601 || 104 || 705 || 501 || 227 || 728 
 2014 || Member States contributions, of which: || 2,950 || 360 || 3,310 || 3,100 || 150 || 3,250 
 1st instalment ||   ||   ||   || 2,000 ||   || 2,000 
 2nd instalment ||   ||   ||   || 850 || 106 || 956 
 3rd instalment ||   ||   ||   || 250 || 44 || 294 
 Reflows ||   || 120 || 120 ||   || 120 || 120 
 Recoveries, interest and other || 50 ||   || 50 || 50 ||   || 50 
 Total payments || -3,212 || -500 || -3,712 || -3,320 || -410 || -3,730 
 Balance at 31/12/2014 || 389 || 84 || 473 || 331 || 87 || 418 
 2015 || Member States contributions ||   ||   ||   || 3,300 || 300 || 3,600 
 Reflows ||   ||   ||   ||   || 120 || 120 
 Recoveries, interest and other ||   ||   ||   || 50 ||   || 50 
 Total payments ||   ||   ||   || -3,400 || -470 || -3,870 
 Balance at 31/12/2015 ||   ||   ||   || 281 || 37 || 318 
3.4.        Attachment
4: Member States contributions 2013 (EUR)
 MEMBER STATES || Key 9th EDF % || Key 10th EDF % || 1st instalment || 2nd instalment || 3rd instalment || Total EIB || Total Commission || Total 2013 ||
 paid to EIB 9th EDF || paid to Commission 10th EDF || paid to EIB 9th EDF || paid to Commission 10th EDF || paid to EIB 9th EDF || paid to Commission 10th EDF ||
 BELGIUM || 3.92 || 3.53 || 3,920,000 || 65,305,000 || 3,920,000 || 30,005,000 || 1,960,000 || 8,825,000 || 9,800,000 || 104,135,000 || 113,935,000 ||
 DENMARK || 2.14 || 2.00 || 2,140,000 || 37,000,000 || 2,140,000 || 17,000,000 || 1,070,000 || 5,000,000 || 5,350,000 || 59,000,000 || 64,350,000 ||
 GERMANY || 23.36 || 20.50 || 23,360,000 || 379,250,000 || 23,360,000 || 174,250,000 || 11,680,000 || 51,250,000 || 58,400,000 || 604,750,000 || 663,150,000 ||
 GREECE || 1.25 || 1.47 || 1,250,000 || 27,195,000 || 1,250,000 || 12,495,000 || 625,000 || 3,675,000 || 3,125,000 || 43,365,000 || 46,490,000 ||
 SPAIN || 5.84 || 7.85 || 5,840,000 || 145,225,000 || 5,840,000 || 66,725,000 || 2,920,000 || 19,625,000 || 14,600,000 || 231,575,000 || 246,175,000 ||
 FRANCE || 24.30 || 19.55 || 24,300,000 || 361,675,000 || 24,300,000 || 166,175,000 || 12,150,000 || 48,875,000 || 60,750,000 || 576,725,000 || 637,475,000 ||
 IRELAND || 0.62 || 0.91 || 620,000 || 16,835,000 || 620,000 || 7,735,000 || 310,000 || 2,275,000 || 1,550,000 || 26,845,000 || 28,395,000 ||
 ITALY || 12.54 || 12.86 || 12,540,000 || 237,910,000 || 12,540,000 || 109,310,000 || 6,270,000 || 32,150,000 || 31,350,000 || 379,370,000 || 410,720,000 ||
 LUXEMBOURG || 0.29 || 0.27 || 290,000 || 4,995,000 || 290,000 || 2,295,000 || 145,000 || 675,000 || 725,000 || 7,965,000 || 8,690,000 ||
 NETHERLANDS || 5.22 || 4.85 || 5,220,000 || 89,725,000 || 5,220,000 || 41,225,000 || 2,610,000 || 12,125,000 || 13,050,000 || 143,075,000 || 156,125,000 ||
 AUSTRIA || 2.65 || 2.41 || 2,650,000 || 44,585,000 || 2,650,000 || 20,485,000 || 1,325,000 || 6,025,000 || 6,625,000 || 71,095,000 || 77,720,000 ||
 PORTUGAL || 0.97 || 1.15 || 970,000 || 21,275,000 || 970,000 || 9,775,000 || 485,000 || 2,875,000 || 2,425,000 || 33,925,000 || 36,350,000 ||
 FINLAND || 1.48 || 1.47 || 1,480,000 || 27,195,000 || 1,480,000 || 12,495,000 || 740,000 || 3,675,000 || 3,700,000 || 43,365,000 || 47,065,000 ||
 SWEDEN || 2.73 || 2.74 || 2,730,000 || 50,690,000 || 2,730,000 || 23,290,000 || 1,365,000 || 6,850,000 || 6,825,000 || 80,830,000 || 87,655,000 ||
 UNITED KINGDOM || 12.69 || 14.82 || 12,690,000 || 274,170,000 || 12,690,000 || 125,970,000 || 6,345,000 || 37,050,000 || 31,725,000 || 437,190,000 || 468,915,000 ||
 Sub-total EUR-15 || 100 || 96.38 || 100,000,000 || 1,783,030,000 || 100,000,000 || 819,230,000 || 50,000,000 || 240,950,000 || 250,000,000 || 2,843,210,000 || 3,093,210,000 ||
 BULGARIA ||   || 0.14 ||   || 2,590,000 ||   || 1,190,000 ||   || 350,000 ||   || 4,130,000 || 4,130,000 ||
 CZECH REPUBLIC ||   || 0.51 ||   || 9,435,000 ||   || 4,335,000 ||   || 1,275,000 ||   || 15,045,000 || 15,045,000 ||
 ESTONIA ||   || 0.05 ||   || 925,000 ||   || 425,000 ||   || 125,000 ||   || 1,475,000 || 1,475,000 ||
 CYPRUS ||   || 0.09 ||   || 1,665,000 ||   || 765,000 ||   || 225,000 ||   || 2,655,000 || 2,655,000 ||
 LATVIA ||   || 0.07 ||   || 1,295,000 ||   || 595,000 ||   || 175,000 ||   || 2,065,000 || 2,065,000 ||
 LITHUANIA ||   || 0.12 ||   || 2,220,000 ||   || 1,020,000 ||   || 300,000 ||   || 3,540,000 || 3,540,000 ||
 HUNGARY ||   || 0.55 ||   || 10,175,000 ||   || 4,675,000 ||   || 1,375,000 ||   || 16,225,000 || 16,225,000 ||
 MALTA ||   || 0.03 ||   || 555,000 ||   || 255,000 ||   || 75,000 ||   || 885,000 || 885,000 ||
 POLAND ||   || 1.30 ||   || 24,050,000 ||   || 11,050,000 ||   || 3,250,000 ||   || 38,350,000 || 38,350,000 ||
 ROMANIA ||   || 0.37 ||   || 6,845,000 ||   || 3,145,000 ||   || 925,000 ||   || 10,915,000 || 10,915,000 ||
 SLOVENIA ||   || 0.18 ||   || 3,330,000 ||   || 1,530,000 ||   || 450,000 ||   || 5,310,000 || 5,310,000 ||
 SLOVAKIA ||   || 0.21 ||   || 3,885,000 ||   || 1,785,000 ||   || 525,000 ||   || 6,195,000 || 6,195,000 ||
 Sub-total EUR-12 ||   || 3.62 ||   || 66,970,000 ||   || 30,770,000 ||   || 9,050,000 ||   || 106,790,000 || 106,790,000 ||
 TOTAL EUR-27 || 100 || 100 || 100,000,000 || 1,850,000,000 || 100,000,000 || 850,000,000 || 50,000,000 || 250,000,000 || 250,000,000 || 2,950,000,000 || 3,200,000,000 ||
3.5.        Attachment
5: Member States contributions 2014 (EUR)
 MEMBER STATES || Key 9th EDF % || Key 10th EDF % || 1st instalment || 2nd instalment || 3rd instalment || Total EIB || Total Commission || Total 2014 ||
 paid to EIB 9th EDF || paid to Commission 10th EDF || paid to EIB 9th EDF || paid to Commission 10th EDF || paid to EIB 10th EDF || paid to Commission 10th EDF ||
 BELGIUM || 3.92 || 3.53 || 0.00 || 70,600,000.00 || 4,143,095.94 || 30,005,000.00 || 1,564,099.83 || 8,825,000.00 || 5,707,195.77 || 109,430,000.00 || 115,137,195.77 ||
 DENMARK || 2.14 || 2.00 || 0.00 || 40,000,000.00 || 2,261,792.17 || 17,000,000.00 || 886,175.54 || 5,000,000.00 || 3,147,967.71 || 62,000,000.00 || 65,147,967.71 ||
 GERMANY || 23.36 || 20.50 || 0.00 || 410,000,000.00 || 24,689,469.69 || 174,250,000.00 || 9,083,299.29 || 51,250,000.00 || 33,772,768.98 || 635,500,000.00 || 669,272,768.98 ||
 GREECE || 1.25 || 1.47 || 0.00 || 29,400,000.00 || 1,321,140.29 || 12,495,000.00 || 651,339.02 || 3,675,000.00 || 1,972,479.31 || 45,570,000.00 || 47,542,479.31 ||
 SPAIN || 5.84 || 7.85 || 0.00 || 157,000,000.00 || 6,172,367.42 || 66,725,000.00 || 3,478,239.00 || 19,625,000.00 || 9,650,606.42 || 243,350,000.00 || 253,000,606.42 ||
 FRANCE || 24.30 || 19.55 || 0.00 || 391,000,000.00 || 25,682,967.19 || 166,175,000.00 || 8,662,365.91 || 48,875,000.00 || 34,345,333.09 || 606,050,000.00 || 640,395,333.09 ||
 IRELAND || 0.62 || 0.91 || 0.00 || 18,200,000.00 || 655,285.58 || 7,735,000.00 || 403,209.87 || 2,275,000.00 || 1,058,495.45 || 28,210,000.00 || 29,268,495.45 ||
 ITALY || 12.54 || 12.86 || 0.00 || 257,200,000.00 || 13,253,679.36 || 109,310,000.00 || 5,698,108.72 || 32,150,000.00 || 18,951,788.09 || 398,660,000.00 || 417,611,788.09 ||
 LUXEMBOURG || 0.29 || 0.27 || 0.00 || 5,400,000.00 || 306,504.55 || 2,295,000.00 || 119,633.70 || 675,000.00 || 426,138.24 || 8,370,000.00 || 8,796,138.24 ||
 NETHERLANDS || 5.22 || 4.85 || 0.00 || 97,000,000.00 || 5,517,081.84 || 41,225,000.00 || 2,148,975.68 || 12,125,000.00 || 7,666,057.53 || 150,350,000.00 || 158,016,057.53 ||
 AUSTRIA || 2.65 || 2.41 || 0.00 || 48,200,000.00 || 2,800,817.41 || 20,485,000.00 || 1,067,841.53 || 6,025,000.00 || 3,868,658.94 || 74,710,000.00 || 78,578,658.94 ||
 PORTUGAL || 0.97 || 1.15 || 0.00 || 23,000,000.00 || 1,025,204.86 || 9,775,000.00 || 509,550.94 || 2,875,000.00 || 1,534,755.80 || 35,650,000.00 || 37,184,755.80 ||
 FINLAND || 1.48 || 1.47 || 0.00 || 29,400,000.00 || 1,564,230.10 || 12,495,000.00 || 651,339.02 || 3,675,000.00 || 2,215,569.12 || 45,570,000.00 || 47,785,569.12 ||
 SWEDEN || 2.73 || 2.74 || 0.00 || 54,800,000.00 || 2,885,370.39 || 23,290,000.00 || 1,214,060.49 || 6,850,000.00 || 4,099,430.88 || 84,940,000.00 || 89,039,430.88 ||
 UNITED KINGDOM || 12.69 || 14.82 || 0.00 || 296,400,000.00 || 13,412,216.20 || 125,970,000.00 || 6,566,560.75 || 37,050,000.00 || 19,978,776.95 || 459,420,000.00 || 479,398,776.95 ||
 Sub-total EUR-15 || 100 || 96.38 || 0.00 || 1,927,600,000.00 || 105,691,222.99 || 819,230,000.00 || 42,704,799.28 || 240,950,000.00 || 148,396,022.27 || 2,987,780,000.00 || 3,136,176,022.27 ||
 BULGARIA ||   || 0.14 ||   || 2,800,000.00 ||   || 1,190,000.00 || 62,032.29 || 350,000.00 || 62,032.29 || 4,340,000.00 || 4,402,032.29 ||
 CZECH REPUBLIC ||   || 0.51 ||   || 10,200,000.00 ||   || 4,335,000.00 || 225,974.76 || 1,275,000.00 || 225,974.76 || 15,810,000.00 || 16,035,974.76 ||
 ESTONIA ||   || 0.05 ||   || 1,000,000.00 ||   || 425,000.00 || 22,154.39 || 125,000.00 || 22,154.39 || 1,550,000.00 || 1,572,154.39 ||
 CYPRUS ||   || 0.09 ||   || 1,800,000.00 ||   || 765,000.00 || 39,877.90 || 225,000.00 || 39,877.90 || 2,790,000.00 || 2,829,877.90 ||
 LATVIA ||   || 0.07 ||   || 1,400,000.00 ||   || 595,000.00 || 31,016.14 || 175,000.00 || 31,016.14 || 2,170,000.00 || 2,201,016.14 ||
 LITHUANIA ||   || 0.12 ||   || 2,400,000.00 ||   || 1,020,000.00 || 53,170.53 || 300,000.00 || 53,170.53 || 3,720,000.00 || 3,773,170.53 ||
 HUNGARY ||   || 0.55 ||   || 11,000,000.00 ||   || 4,675,000.00 || 243,698.27 || 1,375,000.00 || 243,698.27 || 17,050,000.00 || 17,293,698.27 ||
 MALTA ||   || 0.03 ||   || 600,000.00 ||   || 255,000.00 || 13,292.63 || 75,000.00 || 13,292.63 || 930,000.00 || 943,292.63 ||
 POLAND ||   || 1.30 ||   || 26,000,000.00 ||   || 11,050,000.00 || 576,014.10 || 3,250,000.00 || 576,014.10 || 40,300,000.00 || 40,876,014.10 ||
 ROMANIA ||   || 0.37 ||   || 7,400,000.00 ||   || 3,145,000.00 || 163,942.47 || 925,000.00 || 163,942.47 || 11,470,000.00 || 11,633,942.47 ||
 SLOVENIA ||   || 0.18 ||   || 3,600,000.00 ||   || 1,530,000.00 || 79,755.80 || 450,000.00 || 79,755.80 || 5,580,000.00 || 5,659,755.80 ||
 SLOVAKIA ||   || 0.21 ||   || 4,200,000.00 ||   || 1,785,000.00 || 93,048.43 || 525,000.00 || 93,048.43 || 6,510,000.00 || 6,603,048.43 ||
 Sub-total EUR-12 ||   || 3.62 ||   || 72,400,000.00 ||   || 30,770,000.00 || 1,603,977.73 || 9,050,000.00 || 1,603,977.73 || 112,220,000.00 || 113,823,977.73 ||
 TOTAL EUR-27 || 100 || 100 ||   || 2,000,000,000.00 || 105,691,222.99 || 850,000,000.00 || 44,308,777.01 || 250,000,000.00 || 150,000,000.00 || 3,100,000,000.00 || 3,250,000,000.00 ||
[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]               Gross amounts, i.e. no decommitments or
recoveries/reflows have been deducted. This approach is in line with what was
used for the general budget of the EU.
[3]               It is yet unclear when the 11th EDF will
be ratified, and thus when commitments can be made from 11th EDF
funds. The commitment amount mentioned does not foresee the 11th EDF
in force in 2014 but takes into account the use of a bridging fund, that is
composed from de-commitments of older EDF's and unused 10th EDF
funds at 31/12/2013, and de-commitments from 8th, ,9th and
10th EDF during 2014.
[4]               African, Caribbean and Pacific States
[5]               Overseas Countries and Territories
[6]               COM(2013)346 final of 10.06.2013
[7]               Gross commitments, i.e. without de-commitments being
deducted.
[8]               Includes support expenditures, e.g. to support joint
institutions and the ACP Secretariat.
[9]               Gross payments, i.e. without recoveries being
deducted.
[10]             Includes Intra-ACP expenditure (including expenditure
related to the African Peace Facility), support expenditures (e.g. to support
joint institutions and the ACP Secretariat), risk capital including interest
rate subsidies under previous EDFs and unforeseen needs (Envelope B). For the
latter the estimated amount is € 200 million.
[11]             COM(2013) 346
[12]             Funds available for operations.
[13]             Net of EIB management fees.
[14]             Including interest rates subsidies under the previous
EDFs.