Budgetisation of the European Development Fund (EDF)
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 272mo ago
This procedure concerns the integration of the European Development Fund (EDF) into the general budget of the European Union. The EDF has historically been financed outside the EU budget, but this change aims to streamline financial management and enhance parliamentary oversight.
This will affect how development aid is funded and managed, potentially leading to more integrated EU external action and increased transparency for citizens and stakeholders involved in development cooperation.