The financing of the African institute for economic development and planning (I.D.E.P) beyond the second 5-year phase: 1970-1975

The institute has depended on two main sources; contributions made by member governments of the commission and allocations from the United Nations development program, as laid down by Article IX of Resolution 93 (VI) of the commission, In practice, this has meant that U.N.D.P. contributed two-thirds of the amount, with contributions of member governments making up the one-third, with the current annual budget of the institute amounting to £ 1,5 million, this means that the current annual contribution of member governments works out to be a little over half a million dollars, an arrangement which corresponds to the formula for the financing of U.N.D.P. projects. Following the U.N.D.P. evaluation report at the end of the first phase the African governments requested the continuation of U.N.D.P. financial support the same formula for another phase. The latter requested a number of reforms in the operation of the institute as a condition for the continuation of its support. These conditions having been fulfilled, U.N.D.P. agreed to further financing and granted a two-year budget to begin with/and, later, a budget for another one year, all at the same level as in previous years.

Saved in:
Bibliographic Details
Format: Reports biblioteca
Language:eng
Published: 1974-02
Tags: Add Tag
No Tags, Be the first to tag this record!