Proposed Budget Includes 0.5 Billion Euros for Growth Facility for WB

On Wednesday, the European Commission proposed an annual EU budget of 199.7 billion euros for 2025.

That amount includes 16.3 billion to support partners and interests in the world, of which, among others, 10.9 billion under the Neighbourhood, Development and International Cooperation Instrument — Global Europe (NDICI — Global Europe), 2.2 billion for the Instrument for Pre-Accession Assistance (IPA III), and 0.5 billion for the Growth Facility for the Western Balkans (WB), as well as 1.9 billion for Humanitarian Aid (HUMA).

“In February 2024, including subsequent technical adjustments, and seeks to turn its priorities into concrete annual deliverables. The annual budget for 2025 will have to be formally adopted by the Budgetary Authority before the end of the year,” the Commission said in the press-release.