Provisioning amounts from the EU budget

The size of the contributions transferred to the GFEA is determined annually, depending on the budget that is adopted. The contributions for 2018 amount to €137.8 million, down by about €102.7 million compared to the 2017 budget. The EU provisioning to adjust the Fund to 9 % of the total outstanding loans under the ELM, based on Articles 3 and 5 of Regulation No 480/2009, needs the approval of the Council and the European Parliament, in order to be recognised as an asset for the Fund. The actual provisioning amount is calculated ex-post and is paid from the budget into the GFEA with a two-year delay. The evolution of the Fund for the 2014-2018 period is shown in Figure 1 below.