Decision 48/1

Following the discussion, during which a number of Parties announced the imminent payment of their contributions, the Executive Committee decided:

1. To note the report of the Treasurer as of 7 April 2006 on the status of contributions and disbursements contained in Annex I to the present report;
2. To urge Parties eligible to use the fixed-exchange-rate mechanism option to inform the Treasurer by the 49^th Meeting of the Executive Committee of their intention to do so;
3. To request the Treasurer to add to his report to the 49^th Meeting of the Executive Committee the list of countries opting to use the fixed-exchange-rate mechanism facility in making their contributions to the Fund for the triennium 2006-2008; and
4. Also to request the Treasurer to contact Parties with pending contributions urging them to pay their contributions to the Multilateral Fund in full as early as possible in accordance with paragraph 7 of decision XI/6.