Decision 47/12

Following a discussion, the Executive Committee decided:

1. To approve the project proposal to provide policy assistance to Portuguese-speaking countries in Africa and to East Timor at a cost of US $90,000 plus support costs of US $11,700 for Portugal, with the proviso that that would be the final funding for this type of project.
2. To request the Treasurer to offset the costs of the bilateral projects approved at the 47^th Meeting as follows:
   1. US $330,413 against the balance of Canada’s bilateral contribution for 2005;
   2. US $45,765 against the balance of France’s bilateral contribution for 2005;
   3. US $252,587 against the balance of Germany’s bilateral contribution for 2005;
   4. US $3,559,500 against the balance of Japan’s bilateral contribution for 2005;
   5. US $101,700 against the balance of Portugal’s bilateral contribution for 2005;
   6. US $135,600 against the balance of Spain’s bilateral contribution for 2005;
   7. US $185,320 against the balance of Sweden’s bilateral contribution for 2005;
   8. US $290,015 against the balance of Switzerland’s bilateral contribution for 2005; and
   9. US $5,375,000 against the balance of the United States of America’s bilateral contribution for 2005.