Revision of the Multiannual Financial Framework

This procedure concerns the adjustment of the European Union's long-term budget, known as the Multiannual Financial Framework (MFF). It ensures the EU has the necessary funds to implement its policies and priorities over a set period, typically seven years.

The revision allows for flexibility to adapt the budget to unforeseen needs or changing political objectives. It affects how EU funds are allocated across various policy areas and programmes, impacting citizens and sectors across the Union.