European Parliament Committee on Budgets

The Committee on Budgets (BUDG) is a standing committee of the European Parliament. It is responsible for Parliament's work on the European Union budget, the Multiannual Financial Framework and the Union's system of financial resources.

Responsibilities

The committee prepares Parliament's position on the annual budget of the European Union and on the Multiannual Financial Framework, which sets the limits and broad priorities for EU expenditure over a period of several years. It also examines proposals concerning the Union's own resources and other financial measures connected with the implementation of EU policies.

Its remit includes:

• the revenue and expenditure of the European Union and the annual budgetary procedure;
• the Multiannual Financial Framework;
• the Union's system of own resources;
• the financial implications of legislative proposals and other measures adopted by the European Parliament;
• transfers of appropriations and other decisions concerning the implementation of the budget;
• the budgets and financial arrangements of EU institutions and bodies, except where responsibility lies with another committee; and
• relations with the other institutions involved in the EU budgetary process.

The committee works closely with the Council of the European Union and the European Commission during the annual budgetary procedure. Parliament and the Council jointly determine the annual budget, within the ceilings established by the Multiannual Financial Framework.

Chairs

The following table lists the chairs of the committee since 2014.

	Name	Political group	Member state	Took office	Left office
	Jean Arthuis	ALDE	France	7 July 2014	1 July 2019
	Johan Van Overtveldt	ECR	Belgium	July 2019	Incumbent

Members

Research support

The committee's work is supported by the research services of the European Parliament. These services provide studies, briefings and other analyses concerning the annual budgetary procedure, the Multiannual Financial Framework, the Union's own resources and the financial implications of EU policies.

Publications prepared for the committee are made available through its online database of supporting analyses and through the European Parliament's Think Tank. The database is updated as new studies and briefings are published.

See also

• Budget of the European Union
• Multiannual Financial Framework
• European Parliament Committee on Budgetary Control
• Economic and Financial Affairs Council
• European Commissioner for Budget, Anti-Fraud and Public Administration

References

External links

• Official website
• Supporting analyses
• European Parliament Think Tank