Decision 62/67

The Executive Committee decided:

1. To approve the additional amount of US $3,834,869 in the revised 2011 budget of the Fund Secretariat, as contained in Annex XXIII to the present report, to cover the operational costs of the Fund Secretariat, as well as the funding for technical audits of the production sector, resulting in a total of US $7,606,622 with the inclusion of the 2011 personnel component costs already approved at the 56^th meeting of the Executive Committee;
2. To note the amount of US $3,884,905 for the 2012 personnel component costs already approved at the 59th meeting and maintained at the 60^th meeting;
3. To approve the proposed 2013 personnel component costs of the budget totalling US $4,001,453; and
4. To note that the personnel component costs referred to in paragraphs (b) and (c) above would be subject to any decision taken at the 65^th meeting of the Executive Committee on the 3 per cent inflation rate applied in line with decision 60/49(b).