Decision 71/48

The Executive Committee decided:

1. To take note of the revised 2013, 2014, 2015 and proposed 2016 budgets of the Fund Secretariat, as contained in Annex XXV to the present report;
2. To approve the revised 2013 budget to reflect transfers between budget lines (BLs) 1101 and 1102 and transfers between BL 1333 and BL1334, noting that the total budget of US $7,067,547 remained at the same level as approved at the 68^th meeting;
3. To approve the revised 2014 budget in the amount of US $6,983,852 to reflect:
   1. An additional amount of US $2,819,031 to cover the operational costs;
   2. Maintaining the posts 1301 and 1310 at G7 level in 2014, 2015 and 2016, pending further information;
4. To note the approved staff component costs of the 2015 budget totalling US $4,287,391 which included programme support costs;
5. To approve the proposed staff component costs of the 2016 budget totalling US $4,416,013, including programme support costs;
6. To request the Secretariat to discuss with UNEP options for cost savings through reduced programme support costs, including an 8 per cent programme support cost rate scenario, and potential implications on the provision of services and staffing, including a detailed breakdown of programme support costs, and to report to the Executive Committee by the 72^nd meeting;
7. To request the Secretariat to resubmit the revised 2014 and 2015 and proposed 2016 budgets, based on a revised format; and
8. To request the Secretariat to submit to the 72^nd meeting information on options regarding the reclassification results and the financial and operational implications of those options for the Multilateral Fund.