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Feed/GBD2024/2087(GBD)Other

Transfer of appropriations DEC 14/2024 - Section III - Commission

COMCMT1R-EP1R-C2R-EPCNCADO
Rapporteur Victor NEGRESCUCommittee BUDGUpdated 26d ago
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This procedure concerns the transfer of funds within the European Commission's budget for the year 2024. It allows the Commission to reallocate resources between different budget lines to cover unforeseen needs or to implement new priorities.

These transfers affect the Commission's operational expenditure and administrative costs. They are a standard budgetary management tool, ensuring flexibility in spending throughout the fiscal year.