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The Council and the European Parliament today reached agreement on an EU budget for 2023 which strongly focuses on the EU’s main policy priorities.
Total commitments are set at €186.6 billion. This is an increase of 1.1% compared to the 2022 budget as amended. €0.4 billion have been kept available under the expenditure ceilings of the multiannual financial framework for 2021-2027, allowing the EU to react to unforeseeable needs.
Total payments amount to €168.6 billion, rising 1% from 2022.
I welcome our agreement on next year's budget as it will allow us to focus on the EU's priority areas in a particularly volatile geopolitical context. It also ensures a realistic approach, taking into account the current economic situation, the interests of taxpayers and the need to cater for new challenges that may arise in 2023.
Jiří Georgiev, Deputy Minister of Finance of the Czech Republic and chief Council negotiator for the 2023 EU budget
I welcome our agreement on next year's budget as it will allow us to focus on the EU's priority areas in a particularly volatile geopolitical context. It also ensures a realistic approach, taking into account the current economic situation, the interests of taxpayers and the need to cater for new challenges that may arise in 2023.
