Supplementary and amending budget 1/1998

The Council drew up the draft Supplementary and Amending Budget for 1998 on the basis of the overall compromise reached with the European Parliament on 24 November 1998. The draft would be forwarded to the European Parliament, which would deliver its opinion during its session in December 1998 (Strasbourg). On the expenditure side, the draft Supplementary and Amending Budget for 1998 provided for increases in payment appropriations in: - heading 1 (agriculture): an increase of EUR 400 m for food aid to Russia; - heading 2 (Structural Funds): an increase of EUR 100 m for the European Social Fund; - heading 3 (internal policies): an increase of EUR 48 m for research; - heading 4 (external action): an increase of EUR 100 m for Phare; - heading 5 (administrative expenditure): an increase of EUR 150 m for the European Parliament's buildings. This increase in appropriations was derived from underutilisation of the EAGGF totalling EUR 900 m. On the revenue side, the draft provided for a transfer of EUR 860 m from the 1997 balance.�