First Report of Session 2013-14 - European Scrutiny Committee Contents



Annex 1c of the Council Decision

"ANNEX 1c

"Multiannual financial framework for the period 2014-20

"1. For the purposes set out in this Agreement and for a period starting on 1 January 2014, the overall amount of financial assistance available to the ACP States within this multiannual financial framework shall be EUR 34.718.4 million, as specified in points 2 and 3.

"2. The sum of EUR 32.218.4 million under the 11th European Development Fund (EDF), shall be made available from the entry into force of the multiannual financial framework. It shall be allocated between the cooperation instruments as follows:

"(a) EUR 27.658.2 million to finance national and regional indicative programmes.

"This allocation will be used to finance:

—  "the national indicative programmes of individual ACP States ;

—  "the regional indicative programmes of support for regional and interregional cooperation and integration of Groups of ACP States;

"(b) EUR 3.960.2 million to finance intra-ACP and inter-regional cooperation with many or all of the ACP States. This envelope shall include structural support to the CDE and the CTA, and to the Joint Parliamentary Assembly. It shall also cover assistance with the operating expenditure of the ACP Secretariat referred to in points 1 and 2 of Protocol No 1 'on the operating expenditure of the joint institutions';

" (c) EUR 600 million to finance the Investment Facility in accordance with the terms and conditions set out in Annex II 'Terms and conditions of financing') to this Agreement, under the form of grants for the financing of the interest rate subsidies and project-related technical assistance provided for in Articles 1, 2 and 4 of that Annex over the period of the 11th EDF.

"3. The operations financed under the Investment Facility, including the corresponding interest rate subsidies, shall be managed by the European Investment Bank (EIB). An amount of up to EUR 2.500 million in addition to the 11th EDF shall be made available by the EIB in the form of loans from own resources and will be subject to a revision clause at mid term. These resources shall be granted for the purposes set out in Annex II to this Agreement, in accordance with the conditions laid down in the statutes of the EIB and the relevant provisions of the terms and conditions for investment financing in that Annex. All other financial resources under this multiannual financial framework shall be administered by the Commission."




 
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