2024 general budget: all sections

PURPOSE: definitive adoption (EU, Euratom) 2024/207 of the European Union’s annual budget for the financial year 2024.

CONTENT: the President of the European Parliament noted that the procedure laid down in Article 314 of the Treaty on the Functioning of the European Union had been completed and that the annual budget of the European Union for the financial year 2024 had been definitively adopted.

BUDGET FOR 2024

The Council and the European Parliament reached agreement on an EU budget for 2024 which strongly reflects the EU’s main priorities, including economic recovery and the green and digital transitions and reacts to the currently difficult geopolitical context. This is the fourth annual budget under the long-term EU budget, the multiannual financial framework (MFF) for 2021-2027.

Total commitment appropriations in the 2024 budget are set at EUR 189 385.4 million. Overall, this leaves a margin below the MFF ceilings for 2024 of EUR 360.1 million in commitment appropriations allowing the EU to react to unforeseeable needs.

Total payment appropriations in the 2024 budget are set at EUR 142 630.3 million. Overall, this leaves a margin below the MFF ceiling for 2024 of EUR 31 018.5 million in payment appropriations.

APPROPRIATIONS BY MFF HEADINGS (in millions of euros)

1. Single Market, Innovation and Digital

- Commitments: EUR 21.493.4

- Payments: EUR 20.828

2. Cohesion, resilience and values

- Commitments: EUR 74.560.7

- Payments: EUR 33.716

3. Natural resources and environment

- Commitments: EUR 57.338.6

- Payments: EUR 54.151.4

4. Migration and border management

- Commitments: EUR 3.892.7

- Payments: EUR 3.249

5. Security and defence

- Commitments: EUR 2.321.2

- Payments: EUR 2.035.4

6. Neighbourhood and the world

- Commitments: EUR 16.230

- Payments: EUR 15.291.2

7. European public administration

- Commitments: EUR 11.988

- Payments: EUR 11.988

Special instruments

- Commitments: EUR 2.221.7

- Payments: EUR 1.734.4

Appropriations as % of GNI (gross national income)

- Commitments: 1.06%

- Payments: 0.8%.