Statement by the Controller on the current financial situation of the United Nations

Therefore, unless further contributions are forthcoming, the Agency will not be in a position to fully implement its budgeted activities in 2005.

Regular budget and assessed contributions

The financial situation of UNRWA was a matter of great concern.

To judge China s economic dynamism, the key indicator is its fiscal position. When, and only when, China s fiscal position is worsening rapidly will its economy suffer a hard landing.

In earlier reports, the Secretary General has been obliged to draw the attention of Member States to the precarious financial position of the international tribunals for Rwanda and the former Yugoslavia.

Updated information will also be submitted to the General Assembly at its sixtieth session in the annual report of the Secretary General on the status of the Fund.

And last year s earthquake, tsunami, and nuclear disaster only made a grim fiscal picture worse by requiring huge new spending on reconstruction.

According to the CDB, in the public sector, containment of expenditures, particularly on capital items, offset revenue shortfalls and led to an improvement in the Government's overall fiscal position.7

The financial situation as at 31 March 2005 can be summarized in the following major points

So Europe needs a short term growth strategy to supplement its financial support package and its plans for fiscal consolidation.

But this has changed with the creation of a European rescue fund in the form of the European Financial Stability Facility (EFSF).

The first rule in assessing a government s real strategy is to follow the money.

(a) The financial statements present fairly the financial position as at the end of the period and the results of their operations for the period then ended

This situation will be aggravated by some of the dangers associated with a global economy led by the financial sector.

The opinion of the Board on the financial position, results of operations and cash flows of the capital master plan will be included in its opinion on the financial statements of the United Nations for the biennium ending 31 December 2005.

8. Notes, in regard to strengthening the overall financial situation of the United Nations Environment Programme, the various available options and the efforts being undertaken to enhance predictability in financing its programme of work and broadening its base of contributions

The deterioration of families financial situation has also left poor children deprived of educational opportunity.

Recent reports to sessions of the governing bodies have covered a wide range of issues within the context of the financial situation.

Cultural and historical links and the improved corporate financial position of South African enterprises also played a role in the internationalization process.

Report on activities of the Office of the Comptroller General

Report on activities of the Office of the Comptroller General.

Their view is that the various government actions to support the financial system helped to stabilize the situation.

So grim has Japan s fiscal position become that bond issuance has exceeded tax revenue since 2009.

Management considers that the statements present fairly the financial position of the Organization and of funds held in trust by it, the results of their operations and the changes in their financial position.

The Controller introduced the report of the Secretary General (A 60 450).

The Controller introduced the report of the Secretary General (A 60 360).

The Controller introduced the report of the Secretary General (A 60 437).

The Controller introduced the report of the Secretary General (A 60 364).

The Controller introduced the report of the Secretary General (A 60 537).

Third, a more expansive requirement for financial disclosure by senior officials and better dissemination of code of conduct requirements are being introduced.

The financial situation of Kondo Inc. deteriorated and Mr. Banner asked Mr. Alan to grant the company a loan of 1 million.

Fiscal discipline came back with a vengeance last year, when the state of public finances in a number of countries had deteriorated massively, owing to the recession and financial rescue packages.

This began in the 2002 2003 fiscal year, with significant enhancements in 2003 2004.

The overall situation of Côte d'Ivoire is far from good.

This year the Security Council has shown unity in addressing the situation in Iraq.

On the financial situation of UNIDO, Kenya wished to register concern at the adverse impact on technical cooperation delivery resulting from the fact that one third of Member States were not paying their assessed contributions.

E. Implementation of OCG IOG recommendations

The present report provides an overview of the financial position of UNDP at the end of 2004 and the comparative figures for the year 2003.

D. OCG IOG hotline

We have undertaken a series of reforms in the public, financial and monetary sectors.

The Comptroller General and the UNIDO Executive Board reviewed these results.

The Comptroller replied that emphasis had been given to the matter in the last year.

The Office of the Comptroller General explained that considerable progress has been made and that an audit risk assessment policy had been developed to assist in the compilation of the 2005 IOG work plan.

Her delegation was concerned about the worsening situation in the field, as indicated by the Secretary General's report.