During the October II plenary session, the European Parliament is due to vote on amendments to the Council's position on the draft EU budget for 2022. The 2022 budget is the second one under the Multiannual Financial Framework (MFF) for 2021 to 2027. It is also the second year of the EU Recovery Instrument, Next Generation EU (NGEU), planned to run for the years 2021 to 2023. The report of the Committee on Budgets reverses the reductions proposed by the Council. Furthermore, it proposes a considerable increase in the contributions of the 2022 budget to Parliament's priorities, in particular the recovery from the Covid-19 crisis. The BUDG report sets the 2022 EU budget at €171.8 billion in commitments. For payments, it proposes almost €172.47 billion.
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