The multiannual financial framework for the years 2028 to 2034

This procedure establishes the European Union's long-term spending plan for the period between 2028 and 2034. It defines the maximum amount of expenditure allowed for various EU policies and programs, ensuring that the Union has a stable financial roadmap to achieve its strategic goals.

This affects all EU member states and beneficiaries of EU funding. It determines how much money will be allocated to sectors like infrastructure, research, and climate action, as well as how the budget is funded through member contributions and own resources.