(fiscal 1992 1996), and its exploitations.

17th centuryThe years around 1620 saw another period of famine sweep across Europe.

2 Any single year refers to the years of the commitment period.

There is very little industrial activity, although the tertiary sector was doing very well before the crises of 1996 to 2003.

During the past few years, their African portfolios deteriorated.

A multi year programme of asbestos abatement, which started during the biennium 1988 1989, will continue during 1994 1995.

C. Possible action by the Conference of the Parties 3 3

V. FINANCIAL STATEMENTS FOR THE BIENNIUM ENDED 31 DECEMBER 1993

During his teens he traveled and studied for some years in Europe.

Indeed, this was a five year period of unbroken growth.

As noted in that report, the extraordinary growth in peace keeping operations in recent years has had a major impact on the financial situation of the Organization during the course of the biennium 1992 1993.

The statement of changes in financial resources should be presented for each period for which the financial statements are prepared.

The volatility of the international financial markets has increased in recent years.

As the fiscal year rather than the biennium is the most relevant for financial management and fundraising, annual as well as biennial figures are listed throughout the document.

By the usual standards of financial crises, three years is a long time.

Financial provisions and administration of activities in the biennium 2004 2005

During the five year period, 20 death sentences were confirmed following the conclusion of the appeal clemency process.

As in previous years, the Conference has at its disposal, during the entire session, 10 meetings per week.

A one year period would prevent neither requests for exemption nor the submission of multi year payment plans.

Remittances. Multiple initiatives have been undertaken both on a national and multilateral basis during the recent years to facilitate remittances flows.

Some donors were not able to pledge due to incompatibility in fiscal years.

We have made substantial progress in the last four years in improving public finance.

On money laundering, we recognize the achievements of the Financial Action Task Force, which we set up in 1989, and reaffirm our support for its continued work over the next five years.

Public finances are in bankruptcy and the public treasury has recorded a 100 million loss for the fiscal years 1992 1994.

Accordingly, four years (from 1998 to 2001) represented the outlook at that time.

At the end of the five year period, UNRWA apos s role would change, whatever the final outcome of the peace talks.

The Joint Commission will monitor and supervise the execution of the cooperation projects over the five year period.

The shift from a negative 18 billion annual average in the triennium 1987 1989 to a positive 43 billion annual average in the triennium 1990 1992 was remarkable.

9. The increasingly precarious financial situation faced by the United Nations in recent years was further strained by the greatly expanded level of peace keeping during the biennium 1992 1993.

Financial markets did well through capital market liberalization.

(e) The fiscal period of the Organization is a biennium and consists of two consecutive calendar years.

(i) Financial reports to the General Assembly for the biennium 4 2

3. Comparative figures for the biennium 1990 1991 have been reflected in the financial statements.

(c) The financial period of the Centre is a biennium and consists of two consecutive calendar years.

Financial biennium means the period from 1 January to 31 December over a two year period inclusive

And in the three years that I was Finance Minister, they made an average of 360 million dollars profit per year.

In recent years, the USG has increased its emphasis on financial rather than technical assistance.

These special financial years or mandate periods are used both for the presentation of information and for accounting purposes.

In recent years the United Nations has suffered a chronic shortfall in the flow of financial resources.

The exception to this 10 year period is for children where the period of renouncement is three months after reaching 18.

Table 1

It was pleased that the Study Group intended to present the final outcome of its work by the end of the current quinquennium.

In recent years the world has moved into a period of transition towards multipolarity in the wake of the collapse of the bipolar structure.

51. Chart 14 shows the rate of contributions during the eight year period from 1985 to 1992.

In the intervening seven years, almost 3 million scenes have been acquired.