Amending budget 10/2009: increase in the forecast of revenue; decrease in payment appropriations; European Economic Recovery Plan

PURPOSE: presentation of the Preliminary Draft Amending Budget (PDAB) No 10 for the year 2009.

CONTENT: the PDAB No 10 for the year 2009 covers the following elements:

• a net increase in the forecast of revenue (EUR 478.7 million) after the revision of the forecasts of own resources and other revenue: this revision refers in particular to VAT and GNI balances and to traditional own resources. As far as the VAT and GNI own resources balances are concerned, and on the basis of the available information, the Commission proposes to enter an amount of EUR 949.3 million. The Commission also proposes to increase Traditional Own Resources (TOR) by EUR 400 million in chapter 12 of revenue. If new actual data for the last quarter of the year implies significant changes to this estimation, the Commission will revise its figures in the course of the budgetary procedure. As regards other revenue, taking into account the amounts that at this stage of the year are cashed or will probably be cashed, it is proposed to modify the initial forecasts for a net amount of EUR 1 028 million;
• a decrease of payment appropriations in budget lines for headings 1a, 2, and 4 (EUR 2 768.7 million), after taking into account the redeployments proposed in the so called "global transfer": the Commission proposes to adjust the level of payment appropriations for certain budget lines in order to align them more closely to the latest estimates of needs and working on the assumption that the rebalancing of payment appropriations between budget lines requested separately by the Commission's in the so-called 'Global Transfer' will be accepted by the Budget Authority. The proposed reduction in the level of payment appropriations amounts to EUR 2 768.7 million for all budget lines in the three headings concerned;
• a decrease in commitment appropriations under headings 2 and 5 (EUR 359 million), leading to a corresponding increase in the respective margin, which will then be available towards the financing of the second part of the European Economic Recovery Plan (EERP). Since this concerns some budget lines which are non-differentiated, the reduction in commitment appropriations also leads to a further reduction in payments (EUR 55 million).

Conclusions: the abovementioned amendments reduce the 2009 budget by EUR 358 962 000 in commitment appropriations and EUR 2 768 724 080 in payment appropriations.