Auditor General of the Republic of South Africa

The financial overview is based on provisional 2004 amounts obtained from ADM FIN.

And they could demand policy adjustments as a condition for disbursing funds.

We found that cash and investment balances were well managed.

Investment balances

However, purchasing certified emission reductions (CERs) from CDM projects could be seen as a conflict of interest (the secretariat would be servicing the regulator issuing CERs and be a participant in the market) and the secretariat would need an account in a registry where CERs can be transferred and cancelled.

Nigeria considers the forthcoming May 2006 review conference of the Fish Stocks Agreement to be of great importance for our efforts to manage fishery stocks.

With respect to the problem of stock management and fishing, we would like to emphasize the need to introduce stricter measures to limit the level of exploitation of most stocks.

(e) Such sums as may be necessary to enable the Tax Equalization Fund to meet current commitments pending the accumulation of credits such advances shall be repaid as soon as credits are available in the Tax Equalization Fund

The parent bank would like to use these funds to reinforce the group s liquidity.

The 1995 Fish Stocks Agreement is an essential contribution to the law of the sea as regards the management of straddling and highly migratory fish stocks.

These funds are a precious resource in fighting poverty.

Most of these funds are now invested in dollar securities.

However, cash balances available to the Court in the early months of 2005 were sufficient to cover the Court's related commitments.

Repatriation and rehabilitation funds had been provided by the International Organization for Migration.

This is because the so called linking directive the regulation authorizing EU firms to import Certified Emission Reductions from CDM projects bans credits from any forestry project.

How can it be implemented without looking like bribery (in case the company gives the funds directly to the government)? And how can companies prevent some of the funds from being misused (say, if the government hires a third rate team)?

The Review Conference of the 1995 United Nations Fish Stocks Agreement will be held next year to evaluate the effectiveness of the Agreement in the conservation and management of straddling fish stocks and highly migratory fish stocks.

This threat means that the financial bailout funds authorized by Congress can legitimately be used to support the automakers.

Making government funds available should also encourage the private sector to participate in recapitalizing the banking sector and bringing the financial crisis to a close.

But poor countries typically lack the funds needed to pay such a team s fees.

My country had attached great importance to fisheries issues even before Ukraine became a party to the Fish Stocks Agreement.

Others will try to direct state funding toward their personal investment projects.

The change in accounting policy has no net effect on aggregated fund balances.

credits (other than appropriations made available by the Meeting of States Parties)

Such funds were available for projects in underdeveloped regions such as southern Italy, but he noted that with the expansion of the European Union, those funds would soon be shifted towards the more disadvantaged new member countries.

Transfers within the same fund or allocations between different funds can be authorized by the High Commissioner, in accordance with the Financial Rules.

More funds for equipment, improved facilities, and training would also help.

Figure 2 Month end cash and investment balances (USD'000)

The Agreement provides a framework for the conservation and management of fish stocks in the high seas.

Cash and investments are the main liquid assets of UNDP.

The provisions of the United Nations Convention against Corruption concerning the return of assets should be scrupulously observed.

credits, if any, other than the appropriations adopted by the Meeting of States Parties

Provisional unencumbered balances due for distribution on 1 January 2006

Nevertheless, Member States should authorize the Secretariat to apply outstanding credits to outstanding assessed contributions.

It has been authorized to raise additional funds by selling its own bonds.

The same will apply to remaining stocks of Form A with notes 2004.

The ICAF would function like an escrow account into which the firm pays the funds required for the host country to hire a negotiating team.

After the Verkhovna Rada the parliament of Ukraine passed the Law on Accession to the 1995 Agreement, additional practical steps to implement the provisions of the Fish Stocks Agreement are now being taken.

Iraq asserts that Saudi Arabia has failed to demonstrate that the oil spills adversely affected fish and shrimp catches or fish stocks.

Will you work to redefine the criteria by which countries get access to funds?

Reference was made to the need for scientific data on fish stocks and for data on discards.

The recommendation is that these balances be applied against their assessed contributions due in 2006.

Financial regulations 5.3 and 5.5 require that remaining balances of appropriations be surrendered.

But the obligation on States is clear they must impose the assets freeze in full.