The financing of the African Institute for Economic Development and Planning

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ITED NATIONS

ECONOMIC

AND

SOCIAL COUNCIL

Distr, LIMITED

///

27 February I964

Original: ENGLISH

ECONOMIC COMMISSION FOR AFRICA Sixth session

Addis Ababa3 19 February - 3 March

OEE FINANCING OF THE AFRICAN INSTITUTE ' ■ FOR ECONOMIC DEVELOPMENT AND PLANNING

Resolution 92(Vl) adopted by the Commission at its 109th Plenary Meeting on 27 February 1964

The Economic Commission for Africa

Recalling its resolution 72(v) of 26 February I963 urging member

States to pledge cash counterpart contributions up to a total of 1,5 million dollars,

Noting that the Governing Council of the Special Fund has decided to allocate a total of $3,, 561,700 to the Institute on the understanding that the above-mentioned counterpart contribution would be forthcoming,

Noting with appreciation the pledges thus received-^ amounting to almost

one half of the total required5

1. Calls upon all Governments which have not yet pledged the amount

indicated in resolution 72(v) to do so not later than 30 April 1964?

2" Draws attention to the fact that the project to be financed by the Special Fund can only begin when initial payments amounting to one-fifth of the amount pledged have been received5

3» Urges all Governments to ensure that their initial payments are made not later than 15 June I964 to enable full project implementation to begin as soon as possible thereafter?

4* Reminds the Governments of their obligation in accordance with

paragraph 5 of resolution 72(V) to assume the responsibility for financing

the fellowships of the trainees whom they will send to the Institute, or alternatively to ensure that the necessary funds for this purpose will be available through United Nations or other programmes of technical assistance,

1/ See E/Cff. U/286,

64-969

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