Pakistan Christian TV

Breaking news and world news from Pakisthan Christian TV on Business, Sports, Culture. Video news. News from the US, Europe, Asia Pacific, Africa, Middle East, America.

Brexit.3 Cost 37.3 billion.

Brexit.3 Cost 37.3 billion.

The United Kingdom has announced that the financial settlement for the so-called “Brexit” exit from the EU will be .3 37.3 billion, 3.5 3.5 billion less than Brussels last week.

British Treasury Secretary Steve Barclay said in a statement that the cost of the exit settlement with the EU had been estimated in line with previous estimates by the government, adding that the first invoice had been received under the fiscal settlement in April 2021. The amount to be paid for the period from June to September 2021, according to the Saudi Press Association.

The UK has previously estimated that the Brexit bill will be between $ 35 billion and $ 39 billion, which is less than the EU estimate of $ 40.8 billion.

Earlier this month, Show Consolidated Report of the EU Budget for 2020The United Kingdom will have to pay 47.5 billion euros ($ 56.23 billion) per block as part of a financial settlement to opt out.

The report added that the structure of the Brexit agreement required funding under a series of agreements agreed upon by both parties.

This amount is higher than expected because the UK Office for Budget Responsibility in its March 2018 report predicts the bill will be $ 41.4 billion.

The EU budget report states that an initial amount of 8 6.8 billion is due in 2021, with the balance to be paid later.

READ  Will "High Heels" lead for the first time since NATO was established?