Amendment to Regulation (EU) No 1304/2013 on the European Social Fund

This procedure aims to amend the European Social Fund (ESF) regulation to increase the initial pre-financing amount for operational programmes. This ensures that projects focused on the Youth Employment Initiative have more immediate funding to launch activities and support young people entering the workforce.

This change primarily benefits member states and regional authorities managing youth employment programs, allowing them to implement job-creation and training measures more quickly without waiting for long reimbursement cycles.