1. An annual EU budget of €189.3 billion for 2024 (1).
€ 53.8 billion for the Common Agricultural Policy and €1.1 billion for the European Maritime, Fisheries and Aquaculture Fund
€ 47.9 billion for regional development and cohesion
€ 15.8 billion to support our partners and interests in the world (Neighbourhood, Pre-Accession Assistance, Humanitarian Aid)
€ 13.6 billion for research and innovation (Horizon Europe)
€ 10.3 billion for people, social cohesion, and values (Erasmus+)
€ 4.6 billion for European strategic investments (Connecting, Digital)
€ 2.4 billion for environment and climate action (climate change, green transition)
€ 2.2 billion for protecting our borders (Border Management, Frontex)
€ 2.1 billion for spending dedicated to space (Space Programme)
€ 1.7 billion for migration-related spending (migrants and asylum-seekers)
€ 1.6 billion to address defence challenges (Defence Fund, ammunition)
€ 947 million to ensure the functioning of the Single Market,
€ 754 million for EU4Health (Civil Protection, crisis)
€ 726 million for security (Internal Security)
€ 213 million for secure satellite connections
2. The budget will be complemented by an estimated €113 billion in payments for grants under NextGenerationEU
The draft budget 2024 directs funds to where they can make the greatest difference, in line with the most crucial recovery needs of the EU Member States and our partners around the world.
The funding will help modernise and strengthen our Union, by fostering the green and digital transitions, creating jobs and strengthening Europe's role in the world.
Ukraine : The Commission will continue to stand by Ukraine - however its availabilities have been exhausted. Future support to Ukraine in 2024 will need a review of EU long-term budget 2021-2027
JGG 07 - 05 - 2023