Reserves

(l) Other reserves

(j) Operating reserves

Reserves and fund balances

Table 6 Comparison of reserves and staff liabilities

Other reserves comprise the following

(g) Transfers to reserves

Africa s natural gas reserves amount to about 8 of global reserves.

(i) Operating and other types of reserves are included in the totals for reserves and fund balances shown in the financial statements

Covering this drop in reserves more than half of gas reserves and a fifth of oil reserves have been consumed with imports implies an annual cost of more than 300 billion.

The activities on all reserves are shown as follows

Reserves are unchanged by the loan transactions.

Africa is estimated to hold more than 10 of global oil reserves and one third of reserves of cobalt and base metals.

a Including earmarked reserves, the total reserves are 70 million for 2002, 93 million for 2003 and 68 million for 2004.

Meanwhile, the fraction of international reserves held in euros grew from 18 to 24 , and the dollar s share dropped from 71 to 66 .

These included quantitative comparisons between total reserves over time and qualitative assessments of the sufficiency of the reserves to meet current and projected energy needs.

It has 10 of global oil reserves.

Total reserves of titanium are estimated to exceed 600 million tonnes.

a Including earmarked reserves, the total reserves are 70 million for 2002, 93 million for 2003 and 68 million for 2004.

Reserves and fund balances available for programme activities amounted to 115.0 million (reserves and fund balances for the Working Capital and Guarantee Fund, the Annual Programme and Supplementary Programme Funds).

The idea was to permit countries whose official dollar holdings were larger than they were comfortable with to convert dollars into SDRs.

In 2008, the last year for which figures are available, Japan held 23.4 of the world s reserves and China held 44.8 .

The obvious candidate for this reserve fund was US Treasury bills.

Selling 2 trillion of reserves will take years.

At the time of the announcement, the country had 5.65 billion in cash reserves.

Statement I Statement of income and expenditureexpenditures and changes

First, unlike in some other countries, Chinese commercial banks are paid reasonable interest rates on required reserves, except for the extra reserves that they hold.

Internal audit and oversight

Run down the financial reserves and wealth that were accumulated when the economy was doing better.

Today, currencies other than the dollar account for 40 of identified international reserves.

The problem is not a lack of reserves, but Gazprom s investment strategy.

The first is to weaken China s incentive to accumulate reserves.

But almost all of the reserves sit idle on commercial banks balance sheets.

In normal times, there are valid reasons for paying interest on excess reserves.

East and South Asia accounted for almost 80 per cent of the increase in reserves.

Modest estimates put these reserves at around 30 billion barrels.

Countries recognized that without reserves, they risked losing their economic sovereignty.

Much of the world s gold reserves ended up in the hands of the US.

Because of limited reserves, Bahrain has worked to diversify its economy over the past decade.

To fulfil its responsibility, the Office of the United Nations High Commissioner for Refugees (UNHCR) operates within prescribed accounting policies and standards and maintains systems of internal accounting controls and procedures to ensure the reliability of financial information and the safeguarding of assets.

Despite opposition from environmental groups, these reserves will be easier to exploit than those in Europe, because they are largely located in sparsely populated areas.

Internal oversight

Internal controls

Internal audit

Ministry of the Interior