Multiannual Financial Framework

The Multiannual Financial Framework (MFF) is a long-term budget plan set by the European Union, outlining how much money can be spent and on what over a period of several years, typically seven. It provides stability and predictability, ensuring funds are allocated to key priorities like growth, security, and sustainability. The MFF helps coordinate and manage collective resources efficiently, aligning with the EU’s strategic goals and policies. It’s a financial blueprint that guides annual budgets and ensures financial discipline across member countries.