The Executive Committee, having considered the recommendations of the Sub-Committee on Monitoring, Evaluation and Finance (UNEP/OzL.Pro/ExCom/27/4, para. 14), decided:
- To endorse UNIDO’s 1999 business plan, while noting that endorsement did not denote approval of the projects identified therein nor their funding levels;
(b) To approve the performance indicators for UNIDO set out in tables 1 and 2 of the Fund Secretariat’s comments in document UNEP/OzL.Pro/ExCom/27/9 and UNEP/OzL.Pro/ExCom/27/9/Corr.1, as amended in paragraph 21(b) above [of document UNEP/OzL.Pro/ExCom/27/48], for the project completion report target, while noting that UNIDO’s disbursement target exceeded 70 per cent of the approvals up to the end of 1998.