Decision 42/2

Following a discussion, the Executive Committee decided:

1. To note with appreciation the Treasurer’s report, including the tables showing the updated status of the Fund as at 26 March 2004 and reproduced in Annex I to the present report];
2. Also to note the new information provided by the Treasurer on the gains and losses resulting from the fixed-exchange-rate mechanism;
3. To request the Treasurer to break down the information on gains and losses resulting from the fixed-exchange-rate mechanism by country and to include it in a separate column of the relevant table in future reports;
4. To note with appreciation the updated information on the status of payments provided by number of countries during the Meeting;
5. To urge those Parties that had not yet done so to make their contributions in a timely manner; and
6. To urge Parties with contributions that were long overdue to comply with paragraph 7 of Decision XI/7 of the Eleventh Meeting of the Parties.