Decision 86/6

The Executive Committee decided:

1. To note the reconciliation of the 2019 accounts contained in document UNEP/OzL.Pro/ExCom/86/6;
2. To request the Treasurer to deduct from future transfers:
   1. To UNDP, US $1,302,751, on account of income from interest reported in its 2019 final accounts that had yet to be offset against new approvals;
   2. To UNEP, US $450,092, on account of income from interest earned in 2019, US $1,094,455, on account of income from interest earned in prior years, and US $41, on account of income from exchange rate gain, all reported in its 2019 final accounts, that had yet to be offset against new approvals;
   3. To the World Bank, US $1,930,263, on account of income from investment earned in the fourth quarter of 2018 and in 2019, and US $4,436,475, on account of funds returned from the 83rd and 84th meetings, both reported in its 2019 final accounts, that had yet to be offset against new approvals;
3. To request UNIDO to make adjustments in its 2020 accounts of US $174,682, representing income adjustments that had been recorded in different years, and US $2,098,458 in income that had been recorded in 2019;
4. To request the World Bank to make adjustments of US $1,060,319 in its 2020 progress report, representing funds returned in relation to one project (PHI/SEV/80/TAS/01);
5. To note that the following 2019 outstanding reconciling items would be updated by relevant implementing agencies prior to the 88th meeting:
   1. Differences of US $12,597 in income and US $61,615 in expenditures between the progress report and the final accounts of UNIDO;
   2. A difference of US $115,560, in income, between the progress report and the final accounts of the World Bank;
6. To note the standing reconciling items as follows:
   1. For UNDP, for unspecified projects, in the amounts of US $68,300 and US $29,054;
   2. For the World Bank, for the following projects, implemented with other bilateral agencies where applicable:
      1. Bilateral cooperation of the Government of Japan (THA/PHA/68/TAS/158), in the amount of US $342,350;
      2. Bilateral cooperation of the Government of Sweden (THA/HAL/29/TAS/120), in the amount of US $225,985;
      3. Bilateral cooperation of the Government of the United States of America (CPR/PRO/44/INV/425), in the amount of US $5,375,000;
      4. Bilateral cooperation of the Government of the United States of America (CPR/PRO/47/INV/439), in the amount of US $5,375,000; and
      5. The Thailand chiller project (THA/REF/26/INV/104), in the amount of US $1,198,946.