Decision 42/16

April 2004
UNDP | UNEP | UNIDO | World Bank
Report on balances and availability of resources

After considering issues raised with regard to unobligated balances and the return of funds from ongoing projects, the Executive Committee decided:

  1. To note both the level of funds being returned to the 42nd Meeting against project balances totalling US $2,574,926: UNDP - US $526,643 including reimbursement of funds previously returned in error for two projects; UNIDO - US $1,048,283; and the World Bank - US $1,000,000; and additionally the return of support costs totalling US $280,891: UNDP - US $68,463 including reimbursement of support costs previously returned in error for two projects; UNIDO - US $117,428; and the World Bank - US $95,000; and
  2. Also to note that implementing agencies had balances totalling US $513,207 excluding support costs from projects completed over two years previously: UNDP‑ US $388,882 plus support costs; UNEP - US $33,857 plus support costs; and the World Bank - US $90,468 plus support costs.