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The British government estimates that the EU-Observer owes $ 43.750 million more than recently calculated

Lovell Massy by Lovell Massy
July 17, 2021
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The British government estimates that the EU-Observer owes $ 43.750 million more than recently calculated
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The British government on Thursday revealed that the UK contribution to the EU after “Brexit” was estimated at .3 37.3 billion (.7 43.750 million), which is lower than recently estimated by the EU.

In a written statement to parliament this Thursday, Finance Secretary Steve Barclay said the financial contribution under the EU exit agreement was estimated at $ 37,300 million (at the current exchange rate, $ 7,43,750 million).

This is below $ 47.5 billion ($ 40,500 million) recalculated by the European Commission and added to the EU’s annual accounts for fiscal year 2020 last week.

This contribution included the British Government as a Member State and the UK payment for the EU Disease Pension and Insurance Scheme during the “Brexit” transition, which lasted from 1 February to 31 December 2020. .

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The British government has always said the final bill would be between 35 35 billion and 39 39 billion, stating it said last week Brussels’ plan “not approved”. Barclay said the first payment of $ 3.740 million was made at the end of June and a new receipt would be received in September.

Following the referendum in 2016, the UK called the EU “Brexit”, but it persisted due to negotiations on an exit agreement, which was only ratified in January 2020.

Lovell Massy

“Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate.”

Lovell Massy

Lovell Massy

"Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate."

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