Characteristics of the multiannual financial framework within the context of the Common Agricultural Policy
2015
Mickiewicz, B., West Pomeranian Univ. of Technology in Szczecin (Poland). Faculty of Economics. Higher Professional School in Konin | Jurczak, R., West Pomeranian Univ. of Technology in Szczecin (Poland). Faculty of Economics. Higher Professional School in Konin
The aim of the paper was to determine the spending limits for each category of activities that would allow carrying out the tasks in an orderly manner. The multiannual financial framework has been worked out for the years 1988-2020. The first prospect covered five years; four consecutive frames covered seven years. The EU budget changes occurred in proportion as the member states were coming and changed the priorities set for the Community. The EU budget was formed on the basis of 1% of gross national income for all member states. The budget for the years 1988-1992 amounted for 243.8 billion euro taking commitment appropriations into account. However, the present financial prospect (2014-2020) increased commitment appropriations to 1025, 0 billion euro. As for the share of the Common Agricultural Policy in the EU budget it has dropped from 60, 5% in 1988 – 1992 to 45.7% in 2000-2006 and up to 37.4% in the recent financial framework (2014-2020).
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