Savings

As indicated in paragraph 363 of the proposed budget, the savings achieved by this initiative and process improvements will be reported in the context of the next support account budget.

The net saving of 317,900 was attributable primarily to higher than budgeted vacancy rates and the incumbency of posts at lower than budgeted levels in the Office of Human Resources Management and the Office of Programme Planning, Budget and Accounts.

These savings are deposited into the WCO bank account.

6. Recognizes that the current modalities for financing the Development Account, which is to be funded from savings achieved as a result of the efficiency measures that can be identified in the context of budget performance reports, have not proved successful

Savings on prior period obligations

The savings were offset in part by higher than budgeted fixed wing aircraft guaranteed costs and by the acquisition of additional air operation manuals, accident investigation kits, including digital cameras, and other supplies.

Noting that the proposed increase will be financed in large part from savings from previous financial periods and on the understanding that thereafter every effort will be made in order to find corresponding savings elsewhere in the budget,

Noting that the proposed increase will be financed in large part from savings from previous financial periods, and on the understanding that thereafter every effort will be made in order to find corresponding savings elsewhere in the budget,

Noting that the proposed increase will be financed in large part from savings from previous financial periods, and on the understanding that thereafter every effort will be made in order to find corresponding savings elsewhere in the budget,

Savings should be reported in the performance report for 2005 06.

In paragraph 358 of the report, UNDP agreed with the Board's recommendation that it continuously monitor the savings derived from the retrofitting of the FF building to evaluate if the project generated the expected savings.

Savings realized as a result of delays in recruitment should be reflected in the performance report.

Should there be any delayed deployment, the commensurate savings should be reflected in the performance report.

8. Notes with appreciation the information presented in the annual report concerning the expected savings as a result of the Unit's recommendations.

It was his delegation's understanding that the savings would result from a decrease in the volume of documents processed.

The savings realized under operational costs were attributable to

5. Also takes note of the results of the monitoring of the costs savings of recent modifications of the two track feature of the pension adjustment system and of the intention of the Board to continue to monitor those costs savings every two years, on the occasion of the actuarial valuations of the Fund

However, it regretted that 27 per cent of the savings compared to the proposed budget as initially submitted, or 300,000 euros, concerned expenses earmarked for the translation of documents for the policy making organs, whose operating expenses accounted for less than 2 per cent of the regular budget.

Toward this goal, UNRWA aims to achieve a series of efficiency gains and savings.

This could initiate savings and provide a measure of relief for the already stretched resources.

The savings were offset in part by the recording in the Operations accounts of losses on currency exchange.

(h) Savings on or cancellation of obligations from the prior biennium

(iv) 26,748,816 dollars, being the savings from liquidations of prior period obligations as at 31 December 2001

Several participants emphasized the importance of avoiding duplication and achieving savings, which could be better spent implementing the Convention.

The Committee also makes several observations and recommendations regarding the administration and management of the Operation and opportunities for further savings.

Such adjustments reflect, in particular, the fluctuations in vacancy rates and standard costs, inflation and exchange rates as compared with the assumptions used for establishing the approved budget.

In fulfilling this objective, the aim is also to reduce and or contain the costs by realizing all possible potential savings and making the most efficient use of the available resources.

Savings in costs, time and effort resulting from such use have led to a trend of making available as much information for the benefit of suppliers as possible.

The Committee also makes a number of observations and recommendations with regard to the administration and management of the Mission and opportunities for further savings.

There are considerable additional hidden savings and benefits that make the Inspectors believe that the amount of savings estimated is just the tip of the iceberg .

Nevertheless, savings should not be seen from an individual organization point of view but from a system wide perspective.

The Committee also makes a number of observations and recommendations with regard to the administration and management of the Mission and opportunities for further savings.

The potential savings and recoveries identified exceeded by far the cost of the UNHCR Audit Service.

This set of motivations (cost, personal relationships and ethnicity and social connections) is particularly important for SMEs.

This has already resulted in cost reductions of approximately 110,000 the expected savings in 2005 2007 exceed 400,000

The Committee notes that in most instances the savings were realized as a result of delays during the start up phase and constitute expenditure that will spill over to the next period.

Whilst a significant reason, cost saving is not the most important factor in fostering OFDI from Singapore.

The collection of data necessary to estimate savings has been difficult as some organizations did not know the cost of their payroll systems.

The Advisory Committee also makes a number of observations and recommendations with regard to the administration and management of the Mission and opportunities for further savings.

The information provided to the Board was focused on set up and moving costs and did not include calculations in respect of potential savings.

More broadly, the Secretariat should quantify the savings made when proposing outputs for deletion.

The compilation of data required to provide the Executive Board with the most current information has delayed the submission of the present report.

Contributions in kind were classified either as budgetary or extrabudgetary.

Contributions in kind were classified either as budgetary or extrabudgetary.