Visit to EIGE by the European Parliament's Committee on Budgets
The European Institute for Gender Equality welcomes the EP Committee on Budgets forits first visit to EIGE, on 18 Sep 2013.
Being a young institution, the visit is of outmost importance to a common understanding on the tasks assigned to the Institute and the availability of the budget that matches these tasks.
Budgetary controls were among the first powers to be acquired by the Parliament and have been further strengthened with the entry into force of the Treaty of Lisbon. The Committee on Budgets is mainly responsible for drafting the Parliament's position on the EU's annual budget (EUR 147.2 billion in commitments and EUR 129.1 billion in payments for the financial year 2012).
In addition to that, the Budgets Committee is also in charge of preparing the negotiations of the Multiannual Financial Framework (or financial perspective) which determines the framework for the annual budgetary procedures for a period of 7 years.