The Executive Committee decided:
(a) To take note of the status of the Fund and of contributions for the period 1991-1996 as at 10 May 1996 (see Annex I below);
(b) To note that the resources available in the Fund as at 10 May 1996 stood at US $29,822,150; and
(c) To welcome the advice that France and Germany would pay their contributions in the very near future, Denmark would pay the major part of its 1996 contribution within one month, Japan intended to pay its contribution according to the former scale shortly, the United States would shortly pay the remainder of its 1995 contribution and a portion of its 1996 contribution, and Italy would soon be in a position to pay its outstanding contributions.