Amending Budget No 1 (2024): MFF revision

This report approves changes to the European Union's 2024 budget. These adjustments are necessary to align the budget with a recently revised long-term financial plan (MFF) and to fund new EU initiatives.

The changes affect the overall EU budget, increasing both planned spending commitments and payments. Specific funds are allocated to support Ukraine, enhance European defence capabilities, and promote strategic technologies within the EU.

Key changes include increased funding for Ukraine through a new facility, additional resources for the European Defence Fund, and a reinforcement for the Strategic Technologies for Europe Platform (STEP). The budget also adjusts to accommodate the new Artificial Intelligence Office.

The report confirms the adoption of these budget amendments, ensuring the 2024 budget is better equipped to handle current challenges and support new policy priorities.