The total commitments for 2019 are set at UKPDS 146.3 Billion which is an increase of 3.2% compared with the 2018 budget as amended over the past months. Payments amount to UKPDS 130.7 which is 2.4% more than in 2018.
But who pays in the most & who gets the most back?
The figures show that each person in the UK paid UKPDS 99.5 in 2017 towards the EU budget.
On the other side of the scale Luxembourg tops the list of net recipients per person, with other leading recipients including Lithuania, Estonia, Greece, Hungary & Latvia.
Belgium, one of the richest EU countries, is also on the list of EU net recipients because they receive a high proportion of the funding for administration of many EU institutions.
Incredibly Belgium & Luxembourg get the most back. No wonder they’re miffed about us leaving.
GW: We pay far more than is quoted here.