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434 - 2008-2009 Special Budget Financed with Resources from the General Subfund

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IICA/JIA/RES.434 (XIV-O/07) 27 July 2007 Original: Spanish

RESOLUTION N°.434

2008-2009 SPECIAL BUDGET FINANCED WITH RESOURCES FROM THE GENERAL SUBFUND

The INTER-AMERICAN BOARD OF AGRICULTURE (IABA), at its Fourteenth Regular Meeting,

HAVING SEEN:

Document IICA/JIA/Doc.314(07), "Proposed 2008-2009 Special Budget Financed with Resources from the General Subfund”,

CONSIDERING:

That at their meetings held in 2007, the Special Advisory Commission on Management Issues (SACMI) and the Executive Committee endorsed several proposals from the Director General to expand and strengthen the technical cooperation services provided by the Institute to the member countries in various high-priority fields;

That during the next biennium, the Institute expects to receive payments for quota arrearages from Member States;

That the Director General has proposed that a part of these resources be earmarked for financing the expansion and strengthening of those priority technical cooperation services,

RESOLVES:

1. To approve an overall allocation of US$1,000,000 as the special budget to be financed with resources received by IICA for quota arrearages.

2. To authorize the Executive Committee to approve, at its Twenty-eighth Regular Meeting to be held in 2008, the distribution of the 2008-2009 Special Budget in the amount of US$1,000,000, in accordance with the analysis and recommendations of the Special Advisory Commission on Management Issues

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regarding the proposal submitted to it for consideration by the Director General.

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