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Type
Decision
Status
Active

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Keywords
Funds
Full text

The Third Meeting of the Parties decided in Dec. III/22 with respect to the Executive Committee of the Multilateral Fund:

  1. to adopt the revised 1991 budget for the Fund Secretariat;
  2. to endorse the Rules of Procedure as contained in Annex VI to the Report of the Third Meeting of the Parties;
  3. to adopt the budget for 1992, included in the three-year budget for the Fund Secretariat;
  4. to endorse the proposal to raise the total amount of the Interim Multilateral Fund by US$40 million to US$200 million over the three-year period 1991-1993;
  5. to adopt a revised scale of contributions set out in Annex X to the report of the Third Meeting of the Parties.
  6. to endorse the selection of Mexico to act as Chairman and of the United States of America to act as Vice-Chairman for the second year of the Executive Committee.