Status of Members Contributions May 2023 Summary

This document provides an overview of the status of members' contributions as at 30th April 2023. It includes details on outstanding contributions, payments received, member statistics, and the regular budget cash position. The summary highlights an increased level of arrears at the beginning of 2023, offset by improved payments in the first four months. It emphasizes the need for members to settle their outstanding dues promptly to ensure the efficient implementation of the program.

• Members Contributions
• Summary
• Arrears
• Payments
• Cash Position

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Presentation Transcript

1. Status of Members Contributions Cg-19/INF 6.3 19 May 2023

2. Status of Contributions as at 30 April 2023 2023 2022 % % 1. Contributions outstanding at 1 January Arrears Assessment for current year Total outstanding at 1 January 34,069,188 67,886,100 101,955,288 30,761,342 67,886,100 98,647,442 2. Contributions received at 30 April Applied to arrears Applied to current year assessments Total received 30 April 17,992,253 30,408,229 48,400,482 53 45 47 16,822,571 26,635,339 43,457,910 55 39 44 3. Contributions outstanding at 30 April Arrears For current year Total outstanding at 30 April 16,076,936 37,477,871 53,554,807 47 55 53 13,938,771 41,250,761 55,189,532 45 61 56 4. Member statistics as at 30 April Members who have made a payment Members fully paid Members owing for current year only Members owing for current and prior years Members having lost voting rights 108 80 47 66 31 97 75 46 72 32 Outstanding advances to Working Capital Fund 5. 601 601 2 3/2/2025

3. Status of Regular Budget Cash Position, including forecast for 2023 3 3/2/2025

4. Summary Increased level of arrears at the beginning of 2023, offset by improved payments in first 4 months of 2023 Level of Members who have fully paid ,and those who have made some payments, during 2023 has increased as compared to 2022 Fewer Members without voting rights as compared to 2022 General Fund cash position remains strong However: Total outstanding balance represents 79% of the 2023 assessment Continued focus on payment of assessments is required to ensure efficient implementation of the programme 4 3/2/2025

5. Reflection in EC-77 Document EC-77/Doc. 5 - Executive Council: Notes with concern the substantial amounts of outstanding assessed contributions of certain Members as described in Cg-19/INF. 6.3; Urges Members to make the payment of outstanding assessed contributions a matter of highest priority and to make every effort to clear their dues as soon possible. 5 3/2/2025

6. FINAC Recommendation Recommendation 2: That Congress and the Executive Council urge Members with unpaid contributions to settle their dues as early as possible and as a matter of highest priority, as delayed settlement may have a significant negative impact on the programmes and operations of the Organization and may expose the Organization to the risk of not being in a position to pay its obligations to third parties when they become due. 6 3/2/2025