Decision 68/45

The Executive Committee decided:

1. To approve the revised 2012 budget totalling US $6,988,442, as contained in Annex XXVI to the present report, which included an additional amount of US $68,668 to cover the cost differential of holding the 67^th meeting in Bangkok rather than in Montreal;
2. To approve the amount of US $3,024,031 in the revised 2013 budget of the Fund Secretariat to cover the operational costs of the Secretariat and the 2013 personnel component cost, resulting in a total of US $7,067,547;
3. To note the amount of US $4,164,821 for the salary component in 2014 already approved at the 65^th meeting;
4. To approve the proposed 2015 personnel component costs of the budget totalling US $4,287,391;
5. To note the Secretariat’s feedback on the appropriate rate of increase for staff costs and to maintain the 3 per cent rate applied to the 2013, 2014 as well as 2015 budgets; and
6. To note the change in title of Post 1104 for the Senior Project Management Officer to Deputy Chief Officer on Financial and Economic Affairs, on the understanding that the post was, and would remain, at P5 level until otherwise decided by the Executive Committee.