Decision 55/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/55/4;
   2. The net level of funds being returned by the implementing agencies to the 55^th Meeting amounting to US $2,282,273 against project balances. That included the return of US $167,062 from UNDP, US $108,253 from UNEP, US $10,689 from UNIDO and US $1,996,269 from the World Bank (including a return of US $1,198,947 against the chiller concessional loan project for Thailand (THA/REF/26/INV/104));
   3. The net level of support costs being returned by the implementing agencies to the 55^th Meeting amounting to US $129,706 against project support cost balances. That included the return of US $21,718 from UNDP, US $9,760 from UNEP, US $948 from UNIDO and US $97,280 from the World Bank;
   4. That implementing agencies had balances totalling US $6,169,728 excluding support costs from projects completed over two years previously. That included US $306,423 from UNDP, US $1,198,376 from UNEP, US $659,588 from UNIDO, and US $4,005,341 from the World Bank;
   5. That US $7,000 plus project support costs of US $910 should be deducted from the bilateral contributions of Canada;
   6. That US $44,182 plus project support costs of US $5,744 should be deducted from the bilateral contributions of Sweden;
   7. That US $113,739,340 were available to the Executive Committee for approvals at the 55^th Meeting; and
2. To consider at the 57^th Meeting a facility for additional income from loans and other sources to be maintained and the potential uses of those funds.